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Did You Know?


DID YOU KNOW? The suburbs are back in style again....selectively! Especially suburbs with good weather and good jobs in the sunbelt. Yes, suburbs are attracting more city dwellers than ever including Millennials! The challenges to suburbs are numerous, especially rising demands on infrastructure, schools and enormous traffic challenges. Many suburbs around the country are comparing their commute times to living in Los Angeles or New York City. (WSJ)
 
DID YOU KNOW? The now record-setting run of U.S. economic growth enters its 121st month, sustained by a decade of low interest rates and massive Federal Reserve intervention that helped put 22 million people back to work. Some say the real recovery is only beginning now after the horrible 2007-2009 recession wiped $600 billion dollars from U.S. GDP on an inflation-adjusted basis, creating a gap of close to $1 trillion between U.S. output and the economy’s potential based on its population, industrial base, and other factors. Income and wealth inequality, and the effects of automation on the workforce, have become an increasing concern, but so has the risk that keeping interest rates too low might feed the sort of excessive debt that caused the last financial crisis. (Reuters)
 
DID YOU KNOW? Norway - one of the world's biggest oil producers - just sold almost 50% of its cars fueled by.....electricity! (WSJ)
 
DID YOU KNOW? Over a third of residents in zip code 85266 - an affluent section of Scottsdale, Ariz.- are baby boomers. ZIP codes in Tucson, Ariz.; Amarillo, Texas; Pompano Beach, Fla.; and Fort Lauderdale, Fla. boast baby boomers making up about 30% of the population. Arizona and Florida are attracting the largest number of 60+ year olds. (Marketwatch)



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