Update to Institutional Investors Buying Up Properties Are Putting Inflationary Pressure On Rents And Home Prices (excerpt): What gets almost entirely overlooked in the cost of housing is the emerging role of institutional investors, i.e., the investor class aka The Predator Class, as Dick Meyer dubbed them before the last housing crisis. Reuters reported last … Read more
USA Today reports, Oil giants reap record profits as war rages in Ukraine, energy prices soar: Here’s how much they made: As households around the globe struggle with rising energy bills, some of the world’s leading oil giants reported record profits for the first three months of this year. Profits for Exxon Mobil, Shell and … Read more
The April jobs number came out last week and showed continued strong job growth. The New York Times reported, Job Growth Shows Continuing Vigor of U.S. Economy: The U.S. economic rebound from the pandemic’s devastation held strong in April with another month of solid job growth. Employers added 428,000 jobs, matching the previous month, the Labor … Read more
In remarks to the White House Press Corp before meeting 600 United States Olympic athletes, President Joe Biden again reminded the American People that it is the Democratic Party that is the political organ that promotes policies reduce the deficit, hold government accountable helping/lifting individuals up, and putting the American People first. On Reducing the … Read more
With early ballots out in Tucson, Mayor Regina Romero has wasted no time in going on a public relations blitz encouraging residents to vote their support for Proposition 411, the measure that will fund the repair and improvement of Tucson streets, potholes, bicycle/pedestrian paths, and traffic signals. Over the last three days, Mayor Romero has … Read more