I was only just beginning to think about fast fashion and how strange it was that clothes appeared to be getting cheaper while the rest of life grew more expensive.
Growing cities across the US and Canada are grappling with the challenges of displacement and affordability in their housing markets, and many of them are looking to Cascadia’s innovative cities for answers. Portland, the smallest of Cascadia’s three major metropolitan areas, has perhaps one of its biggest and best ideas: the “residential infill project.”
So, what’s in the Rose City’s innovative plan? First, let’s take a closer look at the city’s growing affordability problem.
The rapid spread of out-of-reach home prices in Portland
- Increased pension costs add to Missouri budget issues
- Austin, Dallas, Houston and San Antonio facing massive pension shortfalls
- Dallas Mayor Mike Rawlings Files Private Lawsuit To Stop Pension Withdrawals
- Japan govt to issue additional deficit-covering bonds around $17 billion for FY2016 -govt sources
- Brazil's Temer unveils pension reform, sets retirement age at 65
- New Illinois comptroller faces red ink, asks 'Please bear with me'
- Rout shrinks universe of negative yielding bonds by $2.5tn
- ECB Haunted by Ghost of Christmas Past as Stimulus Choice Nears
What would it take to convert Twitter Inc. into a user-owned cooperative? In September, after news broke that the company was in talks with potential buyers, Nathan Schneider, scholar in residence of media studies at the University of Colorado, Boulder, penned an op-ed in The Guardian inviting readers to conceptualize the idea. He wrote:
- A Disintegrative Winter: The Debt and Anti-Status Quo Super-Cycle Has Turned
- Life In Obamacare's Dead Zone
- Pentagon Paid PR Firm $540 Million to Make Fake Terrorist Videos
- "Fake News" Site Threatens Washington Post With Defamation Suit, Demands Retraction
- The Mafia State
- Trump’s Meeting With Al Gore Gives Environmental Activists Hope
- How Russia Outsmarted OPEC
- How Does Trump’s Pledge To Destroy NAFTA Affect Agriculture?
For seniors who want to age in a supportive community environment, cohousing is an exciting alternative to traditional options such as retirement homes and assisted living centers. In senior cohousing spaces, rather than relying on administrators, people rely on each other to lend a hand when needed and provide much-needed social engagement.
In 2014, the city of Amsterdam and Airbnb signed an agreement that allowed Amsterdammers to share their residence for up to 60 days a year. It was one of the first city policies that allowed homesharing on a limited basis while discouraging the conversion of housing into illegal hotels thereby contributing to rising housing costs.
- "My Government Ends Here" Renzi Resigns After Losing Italian Referendum: The Full Rundown
- Army will deny easement, halting work on Dakota Access Pipeline
- Fed’s Dudley Says Financial Regulation Job Remains Unfinished
- A Gallic Dark Horse Emerges
- Euro Gains With Stocks as Italy Vote Absorbed in ‘Three Minutes’
- Solar-Panel Roads to Be Built on Four Continents Next Year
- The Wider Ramifications Of The OPEC Deal
- Monsanto Says Next Breakthrough for Farmers Is a Friendly Fungus
The Italian vote delivered the most unsurprising surprise today – another rejection of the elites by the people.
Oh the humanity!
Time for the elites to get out of their echo chambers and find out what life is like for the people laboring under their poorly thought through and inhumane policies.
Remember, we humans like it better when things are fair and just. Heck, it goes further than that; primates like it better when things are fair and just.
- Stanford Study Reveals California Pensions Underfunded By $1 Trillion Or $93k Per Household
- Criss-Crossed Fuses And Lit Bonfire
- S&P warns CT: Surging debt costs could lower bond rating
- The Collapse of Paper Assets
- Silver Prices And Interest Rates
- In new lawsuit, Instacart shoppers say they were regularly underpaid
- Has the internet become a failed state?
- Silencing the Messenger: Communication Apps Under Pressure
Get ready to live in an era of rising interest rates. It's going to be unfamiliar territory for all of us...
A wonderful exploration of various pine and conifer trees and the different properties the leaves have.
- 'New era of peace': Trump vows to stop US toppling of regimes during 1st stop of 'Thank You' tour
- A Few Billionaires Are Turning Medical Philanthropy on Its Head
- Carrier getting $7M in tax breaks from Indiana to keep jobs: report
- The Need To Read
- Expanding Smart Car Fleet, New York Police Just Got More ‘Adorable’
- NASA’s Biggest Space Garden Ever Is Almost Ready To Fly
In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:
- A Bottom For Miners?
- Mish thinks this may be a good purchasing window
- Hit To Housing
- Rising interest rates are kryptonite to home prices
- Vanishing Jobs
- Trump can't replace the jobs lost to automation
- The Year Of The Iconoclast
- Anti-establishment platforms gather steam around the world
After years and years of declining/0% interest rates, the trend may be reversing. Market interest rates have risen faster over the past month than in decades.
Chris and Mish see this as having implications that will ripple through all asset classes. As Mish warns:
I’m watching interest rates just rise and rise. And the thing here is everyone’s betting on this massive inflationary scenario under Trump. I’m not sure I get it. Now, long term, we can all look at this and say, “Yeah, he’s going to take less money in in taxes, he’s going to waste more on infrastructure, he wants to increase military spending.” Of those, the only one I agree with is lowering taxes but the analysis is negative, negative, negative from Congressional CBO and all the people who figure this stuff out.
So we’ve got this surge in interest rates and money pouring into the dollar. The dollar’s going higher. I look at all of this and I think, “Hmm, a surge in interest rates. Ah, it’s likely to affect an ugly market.” The rising US dollar impacts exports in a negative fashion. The stock market is incredibly overvalued. And we know what generally happens when interest rates rise: I’m looking at a potential deflationary bust. Especially when we factor in Trump’s trade policies that might very well cause a global trade war.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
- Home Prices Recover Ground Lost During Bust
- How to protect yourself from a World Financial Crisis?
- Jim Rogers: A Crisis ‘Worse Than Anything You’ve Seen In Your Lifetime’
- Trump is meeting with an ex-bank CEO who wants to abolish the U.S. Federal Reserve
- The New Labor Wars
- An interesting perspective on the War on Cash
- When It Comes to Fake News, the U.S. Government Is the Biggest Culprit
- Will Trump Send Electricity Bills Soaring?
- Coinbase ordered to turn over customers' records to IRS
- Climate Change: A Matter Of Degree
- Australia's Great Barrier Reef suffers worst ever coral bleaching