More on housing
…two of whom are single, who are blue collar workers in the construction or retail sectors, all of whom are in the process of moving out of apartments into existing…
…two of whom are single, who are blue collar workers in the construction or retail sectors, all of whom are in the process of moving out of apartments into existing…
…blue-collar voters who put him into office. He forgot them on financial regulation. Abandoning talk of cracking down on Wall Street executives who “rigged” the economy to hobble the working…
…home with a bottle of Percocet to combat and dull the pain from a broken collar bone. A few years later, Cameron died of a heroin over dose. Jennifer Weiss-Burke…
…the exception of wages. The majority of the leading components rose, as did employment in the most economically sensitive blue-collar industries. The unemployment and underemployment rates rose, but that was…
…the “housing choke collar” theory I have recently advanced. The second is that this in no way negatives the potential for a recession this winter, much as the advance in…
…beginning to follow, and inventory remains slightly reduce As per my “housing choke collar” thesis, any quick continued increase in prices is likely to feed into a slowdown in sales….
…are against that. The income of US blue collar workers is pretty high up the world income distribution. I reject nationalism and oppose the aspects of patriotism which overlap with…
…“choke collar” on growth, restraining much upside. NOTE: Tomorrow is a travel day for me, so no posting then. New home sales and initial jobless claims will be reported Thursday,…
…– not coincidentally – YoY price increases, up 7.8%, show a continuing acceleration: A few months ago I offered up the idea that housing now had its own “choke collar,”…
…paid less than a living wage. Good paying blue collar union jobs have become rare. In the heydays from around 1940 to 1970, the wealth created from the production of…