Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

housing shortage

Politics

Steps the Federal Government can take to alleviate the Housing Crisis

Some parts of the United States, such as California, are now facing a serious housing shortage that threatens the economy.
Economic growth in the Golden State will slow in coming years economists, at the University of California (UC) at Riverside and UCLA concluded. Job growth in California will slow to 1.7% in 2017 and 1.1% in 2018 largely because of high-housing costs; a report from UC Riverside forecast, California’s job creation rate was 2% in 2016.

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Politics

America’s Shortage of Multifamily Housing a Growing Crisis

It looks as if we have a housing crisis in the United States; the most affluent nation in the world can no longer meet some of its citizens’ basic needs. Unfortunately, our political and business leaders don’t seem to be willing to address the situation.

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