Real Estate

Housing Affordability

International Home Price Outlook - Years of extremely low interest rates around the world have helped foster housing bubbles in several markets. This, in turn, has both increased fears of a price collapse and heightened anxieties surrounding housing affordability. 

These housing bubbles are evident from measures of housing affordability for the major English-speaking economies, defined as the ratio of nominal home prices to nominal personal disposable income (PDI). When the ratio increases, homes become less affordable relative to income. See chart below...

The Ten Most Important Financial Decisions (of your life)

WHAT DOES IT TAKE to succeed financially? Here’s a list of the 10 most important choices you’ll ever make:

1. How much you borrow for college. Planning to become a journalist or a social worker? The lower your likely lifetime earnings, the less sense it makes to take on a heap of education loans.

Avoid Missteps When Buying or Selling a House

It’s a fact of life: Homes come with far more emotional weight than any other investment we make. When people move to a new house, often they believe that they will be happier. In reality, overall happiness does not often change because there are many trade-offs in moving.

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