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How does the housing market affect UK productivity?
Source: Economics Observatory --- Where we live – and how much that costs us – affect our ability to work, to find suitable jobs and to access good schools. House prices also influence whether money is invested in property or in developing businesses. All this means...
Republicans: Affordable housing isn’t just the Democrats’ issue
Source: The Hill --- Expanding affordable housing is commonly considered a Democratic issue. But the issue is tailor-made for Republican approaches to policymaking — and Republicans in Congress should seize this opportunity. A renewed Republican focus on affordable...
Can’t figure out this economy? Walmart, Home Depot are having trouble, too
Source: CNBC --- If you think the economy is confusing right now, consider how baffling it must look to Home Depot and Walmart. Last week, the two big retailers sent cautious signals about the health of the U.S. consumer. In a nutshell: Walmart said U.S. consumer...
Housing market crash: U.S. facing “rapidly evolving catastrophe” – how it will end
Source: AsiaMarkets.com --- The ‘reverse wealth effect’ caused by the escalating housing market crash in the United States will have a profound impact on the nation’s economy. That’s according to best-selling finance Author and former Wall Street analyst, John Rubino....
FHA Cuts Mortgage Insurance Rates, Providing More Opportunity for First-Time and Low-Income Buyers
Source: Howard Hanna --- Howard Hanna Mortgage Services is pleased to share the news about an exciting decrease in mortgage insurance premiums. Starting on March 20, 2023 the Federal Housing Authority (FHA) will reduce annual mortgage insurance premiums by 0.3...
China’s banks raise mortgage age limit to octogenarians, dipping into pensions of elderly buyers to prop up sagging sales
Source: South China Morning Post --- Alfred Chen, a 44-year-old engineer in Hangzhou, had been thinking about moving to a bigger home and taking his parents with him. An extra bathroom for the elderly parents would be great, he thought. He had kept an eye on the...

















