Home ownership is a significant indicator of the health of our economy. One key indicator of how that segment is doing comes from new home construction. November’s numbers actually look pretty good at first glance, jumping to 9.3%, but there is something buried inside that is also troubling: But building permits, a gauge of future […]
As if the foreclosures alone weren’t wreaking enough havoc on our economy, we also find out the whole process is starting to hurt our local cities in other ways we didn’t imagine: Cincinnati wants Deutsche Bank and Wells Fargo to pay for what officials say is neglect of foreclosed-upon properties that’s worsening blight in city […]
Every time Bush talks about our “robust and strong” economy, I just want to puke. He acts like if he says it enough then it must be true. Of course we all know Bush doesn’t read the papers to see articles like this: If you want to measure the strength of the city, you might […]