Thursday, July 28, 2016

Thursday Etc.

Shades of Nixon and the Chennault Affair.
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Why should we be surprised homeownership is at a 50-year low? It has been going south ever since the mid-1970s, when the real estate industry decided to jack up prices because they assumed everybody had two-income households.

Single women not born into privilege find it nearly impossible to crack the real estate market, whether they are in "glamorous" careers in NYC or SF or in ordinary jobs in southern Oregon. If they can buy homes at all, it would be manufactured housing with space rent or condos.

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Sounds like Trump was upset with Mike Bloomberg's speech, but he is too chickenshit to mention Bloomberg's name.
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