How the Banking Industry has Created a Bubble in the Student Loan Market and Inflated Prices in Education by 500 Percent since the 1980s. The $500 Billion Student Loan Market.
The dream of going to college is deeply ingrained in our society. Education is usually a political win in any campaign and few will ever argue with this topic when it is brought up. As with many things in our current financial system creating a market where banks can enter into the fold has hyper [...]
San Francisco Shadow Inventory Larger than Regular MLS Data: How the Real Housing Inventory is Hidden from the Public.
Once upon a time in California, housing prices aligned with national prices. You don’t need to go back into the legends of the state because this was a time in the 1960s and early 1970s. At this point, housing in California started to disconnect from economic fundamentals. Many people forget that California had a housing [...]
The Economic Double Standard: Can Inflation Occur with Housing Prices Falling?
It might seem like cognitive dissonance to think about inflation in the midst of falling housing prices. The Consumer Price Index (CPI) tracked by the Bureau of Labor and Statistics shows that housing makes up 43 percent of the entire index. Of this, 24 percent is made up of a category called owners’ equivalent rent [...]