The top is in for existing-home sales, which make up 90% of transactions in the US, according to economists at Bank of America Merrill Lynch. The largest segment of the housing market has peaked and will no longer contribute to the US economy’s growth, according to US economists at Bank of America — Read on […]
The U.S. is experiencing one of the greatest wealth booms in history, but data is making it more clear that it is founded on unsustainable economic bubbles that appear ready to burst in the near future. Source: U.S. Household Wealth Is Experiencing An Unsustainable Bubble
Alissa Quart, author of the new book, Squeezed: Why Our Families Can’t Afford America, suggests that America’s middle class is being wiped out by a cost of living that far outpaces salary increases. A couple earning nearly $140,000 can’t make ends meet without taking after hours jobs? Tiny starter houses cost $680,000 and up? Highly educated […]
Take a look at the above chart and marvel at what ten years of unprecedented money printing can do for an asset market like the S&P 500. The current exponential curve from 2008 makes the previous two market peaks look like molehills next to a mountain. Chris Martenson, founder of Peak Prosperity, takes us back […]
Capsule hotels, once thought the domain of overworked underpaid Japanese salarymen, have exploded across Asia. Creative designs for small sleeping spaces have attracted a broad spectrum of customers from young creatives to high-end business travelers. Source: Asia’s Booming Pod Hotel Market Projected To Reach $226M — Why Are Travelers Downsizing?
Move over young techies and Millennials, granny and gramps are behind the wheel in a potential housing revolution thanks to the benefits of the self-driving car. Source: Self-driving cars could disrupt the housing industry
Check out these tiny, inexpensive, energy-efficient homes you can retire comfortably in. With stock prices at all time highs, maybe it’s time to take a little money off the table and invest in a roof over your head. Source: 65 Best Tiny Houses 2017 – Small House Pictures & Plans
PopUp House, located in France, offers a variety of kits for houses and offices which can be be built in less than a month. Unlike typical U.S. style two-by-four home construction, the PopUp House has been intentionally designed to be assembled quickly using pre-formed parts and only a standard screwdriver. This design choice offers the […]
What a brilliant idea to repurpose plastic drink bottles into low-tech, low-energy air conditioners! If it works as claimed, it could also be applied in other areas to cut current electricity demand. Source: Bangladeshi Inventor Creates Electricity-Free Air Conditioner Out of Plastic Bottles
We’re seeing the same telltale signs that we did a decade ago, writes Michael Brush in a recent MarketWatch article. Does that mean we have planted the seeds for the next housing crash? Read on and decide if you agree or not.