Home prices far outpace paychecks in many areas: Research
As home prices continue to soar, a new study finds that in many areas, home prices are now far higher than the median household income. New Research From Harvard University Joint Centre for Housing Research They found that the cost of a single-family home in 2023 will be about 4.9 times the median household income, […]
Inflation expected to outpace salaries for a few more years: Research
A new survey shows that inflation is likely to continue to outpace most salaries in the coming years. The analysis Money wiseThe report, released earlier this month, looked at data from the Bureau of Labor Statistics (BLS), the Federal Housing Agency (FIA) and Redfin to determine how salaries have kept up with inflation over the […]
Energy Shortages and Inflation The New Norm as Refinery Closures Outpace Construction
As the world has become impassioned with increasing its electricity generation from wind turbines and solar panels from breezes and sunshine, the world is silently slipping into a future of shortages and inflation as society’s demands for all the products and fuels manufactured from crude oil are exceeding the supply available from the dwindling number […]
Vast majority older Americans worried inflation will outpace their income AARP
Bill Pulte, CEO of Pulte Capital, discusses the impact of inflation on the housing industry. An overwhelming majority of older Americans say they’re stressed by the country’s continued high inflation, according to the latest data. A recent survey by AARP (full results expected later this month) found that 70% of U.S. adults age 50 and […]
UK rent rises forecast to outpace wage growth for three years | Housing
Rents are expected to outpace wage growth, despite rents already rising at the fastest pace in history in the UK following the coronavirus pandemic and cost of living crisis. The Resolution Foundation expects further pressure on millions of households, with average rents expected to rise by 13% over the next three years as high growth […]
Grocery chain reveals shoplifting losses outpace earnings as theft ticks up
A European grocery store chain announced that losses from shoplifting exceeded its profits in 2023, according to reports. “We often see people not scanning their products or not paying at the register. People are becoming more and more sophisticated about not paying for products. Getting products without paying When I see how creative people are, […]