· The Marijuana Industry’s War on the Poor. But in lower-income neighborhoods of Denver, the explosion of smelly commercial cultivation operations, which crank out tons of high-priced weed for sometimes-chic, sometimes-earthy dispensaries in more fashionable parts of town, has rekindled long-standing grievances about being ignored by City Hall.
The income gap between America’s richest and poorest metropolitan regions has reached its widest on record, shaping an uneven housing recovery that threatens to hold back the broader revival of.
RealtyTrac: May foreclosures inch up 2% The States With the Highest Foreclosure Rates – Here are the 10 states with the highest foreclosure rates. foreclosure rates were up slightly in Maryland, but activity dropped in September. One in every 673 properties has a foreclosure filing,
Some of the findings include where income growth increased the most and where home prices decreased the most.. Record income growth helps homebuyers in poorer cities. Another Texas city sees.
· In the US, wage growth has fallen behind productivity growth. Wages and salaries now account for 43% of American economic activity, compared with 47% at the turn of the century. In that economy, improved returns for investors on new plant and technology are increasingly at the expense of the rewards for human labour.
GSEs expected to unload delinquent loans after Treasury change GSEs’ funding costs, the fee is essentially a penalty to the lenders, not just compensation for the GSEs. On November 17, the FHFA and GSEs announced a number of changes. First, for loans liquidated on or after November 1, 2014, the timelines in 47 states were recalibrated so only 40 percent of loans in
money is a means to an end not an end in itself so economic growth can lead to economic development Amartya Sen states that the goal development is to expand the capabilities of people to live the lives they choose to lead Four broad factors that affect how well income can be converted into the "capability to live a minimally acceptable life"
Castle & Cooke expands, adds Michael Frazier as regional manager All Hawaii News Hilo, HI, United States Nancy Cook Lauer has more than 25 years experience as a journalist, winning national and state awards for newspapers in Florida and Hawaii. She publishes a daily state government news aggregate and commentary blog, All Hawaii News.
The states with the most disparity between the poorest and richest counties in the U.S. are Virginia, New Mexico, Colorado, Maryland, and Tennessee, all of which have a gap of about $80,000 or more in median household income.
Warren Buffett sees housing recovery to start within a year Senators bargain on HARP expansion The washington senators baseball team was one of the American League’s eight charter franchises. Now known as the Minnesota Twins, the club was founded in Washington, D.C. in 1901 as the Washington Senators. In 1905, the team changed its official name to the Washington Nationals. The name "Nationals" appeared on the uniforms for only two seasons, and was then replaced with the "W" logo for the.Buffett Says US Housing Will Recover in 2011 – March 2, 2010 – Warren Buffett, the billionaire investor who also owns a home building company predicted that the housing market would recover in 2011. "Within a year or so, residential housing problems should largely be behind us," Buffett wrote Feb. 27 in his annual letter to shareholders of his Berkshire Hathaway Inc. "Prices will remain far below ‘bubble’ levels, of course, but for every seller.
New Asheville policy could help some of its poorest residents buy homes. It is part of a $25 million affordable housing bond passed by local voters in November 2016, one of three general obligation bond issues to pass in the election.
1. rich nations do little to help poor countries and benefit from the status quo 2. because rich nations control the global economy , many poor nations struggle to support their people and cannot follow the path to development taken by rich countries centuries ago 3.theory treats rich /poor societies as separate worlds 4.