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Inflation in South Korea Rises 3.6% to 10-Year High

Inflation is soaring worldwide. South Korea experienced a near 10-year high in inflation this January after prices spiked 3.6% YoY. This is the tenth consecutive [...]

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Rents in NYC Exceeding Pre-COVID Levels

COMMENT FROM A REAL ESTATE BROKER IN NYC ON RENTAL MARKET: Equity Residential is demanding 40 to 45% increases on lease renewals. On one floor in particular, units [...]

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Rentals to Increase by At Least 3.6% Across the US

Freddie Mac’s annual Multifamily Outlook report foresees rent rising by 3.6% across the US in 2022. “Given the robust demand for housing this year, we believe [...]

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Destroying the Supply Chain One Mandate at a Time

The Canada Border Services Agency (CBSA) initially announced that it was eliminating vaccine requirements for truck drivers amid a severe supply and labor shortage. [...]

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Bare Shelves

Winter Weather Exacerbates Supply Chain Crisis

Comment: This is a Whole Foods in a high to middle income suburb in the northeast on January 4, 2022. I live near numerous ports from NJ, PA, to NY. I have lived [...]

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January 6, 2022 & Civil Unrest

QUESTION: Your target for this week concerning Russia might be hitting Kazakhstan. The protesters began shooting the military and they set the President’s [...]

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Mortgage Lenders Provided a Record $1.61 Trillion in 2021

The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued [...]

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Container Dwelling Fee Moratorium Ends Today

The Ports of Los Angeles and Long Beach, the two most active ports in the US, will resume container dwelling fees as of today. The moratorium went into effect on [...]

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Fertilizer Inflation Contributing to Higher Food Prices

Food prices are expected to rise going into 2022, and one major contributing factor is the rising price of fertilizer. The American Farm Bureau Federation stated [...]

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India into 2022

India’s Home Minister Amit Shah believes that his nation is on track to become the fastest-growing economy in 2022. India just experienced an 8.4% rise in GDP [...]

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