As unaffordable housing swells, its causes (and proposed solutions) should be considered
Politics

As unaffordable housing swells, its causes (and proposed solutions) should be considered

The nation undoubtedly faces an affordable housing problem, one that can be understood through the economic lens of housing supply-and-demand. Since the Great Recession, mortgage rates have remained low but at the expense of overall housing costs, with prices of the average American home soaring to $316,000 in June of 2019. A study by Freddie Mac attributes the rise … Continue reading

Now vs. the ’90s: Comparing America’s Two Longest Expansions
Politics

Now vs. the ’90s: Comparing America’s Two Longest Expansions

Two economic roads have diverged in an American wood. Fortunately, America has been able to travel both.  Today, July 1, the U.S. economy entered into its record-setting forty-first consecutive quarter of expansion, surpassing only the forty-quarter boom of the 1990s. What will become a quick clip in the twenty-four-hour news cycle should instead be a … Continue reading