Opinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it believes in flawed data

Opinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Federal Reserve can’t see the probable economic crash that is coming because it’s still looking into the rearview mirror, where it sees nothing but high inflation. The danger arises because the consumer price index and the personal consumption expenditure price index — the two most important inflation gauges — have a fatal flaw in … Read more

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. Here’s why. Rents dropped from July to August, and annual growth appears to be slowing down. Read More How much should I tip my housekeeper? My husband says that we should tip … Read more

No more New York: People are trying to flee the Empire State for warmer destinations. Here’s why.

No more New York: People are trying to flee the Empire State for warmer destinations.  Here’s why.

New York, maybe the people don’t quite love you anymore. According to a new report by moveBuddha, a site where people can calculate their moving costs, New York lost more residents than any other state between April 1, 2020 and July 1, 2021, according to the US Census Bureau population estimates. Over that period, the … Read more

‘We’re seeing a complete reversal of market conditions in just 12 months’: Rents fell from July to August — the first decline in nearly two years

‘We’re seeing a complete reversal of market conditions in just 12 months’: Rents fell from July to August — the first decline in nearly two years

At last, a glimmer of hope for tenants: asking rents for apartments fell actually between July and August, according to a new Apartments.com analysis — breaking a 20-month growth streak. “We’re seeing a complete reversal of market conditions in just 12 months, going from demand significantly outstripping available units to now new deliveries outpacing lackluster … Read more

Some renters are going to extremes to escape the rent crisis amid calls for a long-term solution

Some renters are going to extremes to escape the rent crisis amid calls for a long-term solution

When Lachie and Molly McLean first began to talk about getting married, they knew they’d have to make some hard decisions about where they’d want to live. Key points: Australia’s soaring rental market has some people looking for creative solutions to avoid falling through the cracks Rising rates and post-COVID migration mean the rental market … Read more

Rental crisis sees grandparents move to caravan on driveway to help daughter’s young family

Rental crisis sees grandparents move to caravan on driveway to help daughter’s young family

The national rental squeeze has led to grandparents Deb and Philip Barker spending the cold winter nights in a caravan parked in their own driveway. Key points: There are rules about living in a caravan on your own property in WA and the Barkers attracted an anonymous complaint Deb Barker says the shire has been … Read more

Desperate home buyers are making critical compromises when buying a house and Biden student loan forgiveness includes $20,000 for Pell grant recipients

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

Hi, MarketWatchers. Don’t miss these top stories. What are Pell grants? Biden student loan forgiveness includes $20,000 for Pell grant recipients Here’s how to check if you’re a Pell grant recipient, and what to know about Pell grant requirements Read More Yoga to the People leaders charged with not paying taxes while raking in $20 … Read more

Rental in Toronto Chinatown high bid signals steep competition

Rental in Toronto Chinatown high bid signals steep competition

#GTAHomeHunt is a weekly series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at [email protected] Price: $2,300 Neighborhood: Grange Park X-factor: At 152 St. Patrick St., this one-bedroom, one-bathroom apartment is a short walk away from Grange Park, which … Read more

Owner of seven properties says landlords getting a raw deal

Owner of seven properties says landlords getting a raw deal

Andrew Duggan owns seven homes, but he wants people to know he’s not a bad bloke. He’s been flipping properties in Queensland from a home office in Sydney for 25 years and seems acutely familiar with the public perception of landlords. “Landlords are very unpopular people,” Mr Duggan said. “There’s the perception of the evil … Read more