Tuesday, July 28, 2020

A miracle homeownership boom!

According to the Census Bureau, homeownership shot up by 2.6% just this quarter!  Normally, that amount of change would take a decade or more.

Vacancies also declined sharply.

According to the estimate of total housing inventory, there were 4.8 million more homeowners in the second quarter than there were in the first quarter.  To put that in perspective, the National Association of Realtors estimates that there were a bit over a million homes sold in the second quarter.

The Census report on homeownership and vacancy includes a warning about changes in their methods of data collection due to the coronavirus.  It seems likely that a lot of renters did not respond to phone interview requests, and somewhere along the lines, the statistical methods for estimating total population went haywire, and we basically don't know anything about how homeownership and vacancies changed during the quarter.

There is a lot about the country we really don't know.  It is hard to know exactly how many people are in a real financial bind and what they are doing about it.  We are flying blind, which is why we need to err on the side of generosity in public safety net provisions right now, and do everything we can to reduce the contagion risks ASAP.

18 comments:

  1. Well, great post, but I think we need to end the lockdowns ASAP, and take our chances. Pray for the cavalry (the vaccines). Declare payroll tax holidays, send out checks, and hope riots dissipate, not get worse.

    The remarkable thing is, even now the markets say inflation is dead.

    Indonesia is going to money-financed fiscal programs, and no reaction from markets.

    I wish I could understand macroeconomics...I need a theory, like a life-raft, to hang onto, even it if does not explain the storm.

    ReplyDelete
    Replies
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  2. HELLO EVERYONEDr Uromi has really be so wonderful to me i will always testify of his greatness in my life who could have believe Dr Uromi herbal herbs cured me from my herpes virus which i was having for the past 4 year,i came across Druromiherbalhome@gmail.com on a page of how to treat herpes virus and i saw a lot of testimony of how great Dr. Uromi has helped them in there various problems and situations and his mobile numbers were also on each testimony +2349021374574 to contact him, because i needed help to get rid of my herpes virus i wrote him on whats app and told him what i was passing through!dear friends all Dr. Uromi ask me was not much to make sure am cured from my herpes virus, remember health is wealth, he sent me a herbal remedy for the cure of my herpes virus i was so much happy because after drinking the herbs as i was instructed by him i went to the hospital for checkup to my surprise my herpes result came out negative i will recommend Druromiherbalhome@gmail.com to anyone who need his help you can also whatsapp him +2349021374574 ...Thanks Dr..

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  3. Happiness is all i see now, i was herpes sicker for 6 years but i thank God for directing my footsteps to Dr Emu, he gave me instructions and i followed and in 2 weeks i was completely cured using his medicine, I am now Herpes Negative Contact Dr Emu for more information, He also has other cure to other ailment, HIV AIDS, CANCER, DIABETES, HEART DISEASE, HEPATITIS B/C And also restore broken relationships such as Ex HUSBAND, Ex WIFE, BROKEN MARRIAGES, Any kind of Problem in any relationship can be restore back in 24hours, Just Email: emutemple@gmail.com  Whatsapp or call: +2347012841542

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  5. , I was diagnosed of herpes virus, I have tried all possible means to get cure but all my effort proved abortive, until a friend of mine introduced me to a herbal doctor called Dr Agaba, who prepare herbal medicine to cure all kind of diseases including herpes virus (Herpes), when i contacted this herbal doctor via email, he sent me herpes virus herbal medicine via courier service, when i received the herbal medicine he gave me step by step instructions on how to apply it, when i applied it as instructed i was totally cured from the virus within 3 weeks of usage. Contact this great herbal doctor today to get your cure. 
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  6. I Can't still believe that i got cured from Genital Herpes through herbal treatment from Dr agaba who I met through the internet, I actually couldn't believe it at first because it sounded impossible to me knowing how far I have gone just to get rid of it. Dr agaba send me his medicine which I took as instructed and here I am living a happy life once again, a big thanks to Dr agaba, I am sure there are many herbal doctors out there but Dr agaba did it for me, contact him Dragabasolutinhome@gmail.com , also call or whatsApp him on +2349074536486  

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  7. I want to tell everyone how i was cured of HERPES Simplex Virus by a Doctor called Dr Oje Abacha, i visited different hospital but there was no solution until one day i was browsing through the Internet searching for solution and i saw comment of people talking about how Dr Oje Abacha cured them. When I contacted him he gave me hope and sent a Herbal medicine to me that I took and it seriously worked for me,i'm free now without any problem, my HERPES result came out negative. I pray for you Dr Oje Abacha God will give you everlasting life, you shall not die before your time for being a sincere and great man. I'm so happy. You can also  email him at:  oje.herbalsolutioncentre@gmail.com  Or contact him on whatsapp  via +2348159734766 .

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    1. I'm 61 years old. I contracted hpv in 2011' I has be taking lot treatment for it and embarrassed some months ago the wart stated coming out seriously, I used lot recommendation because there was lot warts around my anus and was so . but today I'm totally happy I got the virus eliminated by using natural treatment from Dr voodoo herbal center after his treatment I got cured. all the warts went away' seriously believed Dr. voodoo he have the cure for human papillomavirus because he has eliminated hpv been in my body since 2011, Dr. voodoo make it possible for me. Here is Dr. voodoo email: voodoospelltemple66@gmail.com or WhatsApp him via +2348140120719 he is welled capable of curing terrible diseases.

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  8. Omg I Finally Got Helped  !! I'm so excited right now, I just have to share my testimony on this Forum.. The feeling of being loved takes away so much burden from our shoulders. I had all this but I made a big mistake when I cheated on my wife with another woman  and my wife left me for over 4 months after she found out..  I was lonely, sad and devastated. Luckily I was directed to a very powerful spell caster Dr Emu who helped me cast a spell of reconciliation on our Relationship and he brought back my wife and now she loves me far more than ever.. I'm so happy with life now. Thank you so much Dr Emu, kindly Contact  Dr Emu Today and get any kind of help you want.. Via Email emutemple@gmail.com or Call/WhatsApp +2347012841542

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  10. I was a HIV-AIDS patient and I got it from cheating on my wife. It was sort of a payback but a week later I was told by a friend that the person who I cheated with had the HIV-AIDS virus and did not tell me. I was so stupid by not using a condom I thought since he was an old school friend he was trustworthy. But I was wrong. I cried and cried. Two days later, I got a phone call from my friend and he told me about a person who is known by another friend, who can help me. I could not let my wife know what I was going through. I finally got his email address: oseremenspelltemple@gmail.com and I emailed this man my story and he replied me immediately saying i should be calm and told me that everything will be OK. I could not come to terms with what I was hearing but then I concluded it did not matter because I was so broken I just needed help. I was going out of my mind literally. I was confused with what he was telling me, but I listened. He told me about some materials i need to buy that he needed to cast the spell and I said OK. I bought the materials to him, I sent down my picture to him and my positive result sheet and he replied me that i am going to be negative under 3days. I message Him every 2hours for 2day and I knew he thought that I was crazy but I did care I needed a shoulder. Behold, the third day he messaged me i should go for a test that i will be negative. My marriage could be broken because of a stupid mistake and my life was on the line. I remembered when I was going to get the results of my re-test I called him up again and told him that I was going to get my results today and his reply was “so" and that everything will be as he explained. I knew then that he was getting tired of me calling him, maybe I was wrong. Well I got my results and the first person I called was him - again. As he said hello I started to cry and cry. I could not believe it. I was given a second chance in life.This man is a great spiritual HIV/AIDS healer, his healing spell on aids healing is very powerful .please brothers and sister, contact Dr Ose oseremenspelltemple@gmail.com
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    ReplyDelete
  11. God bless Dr. Okuofoh for his marvelous work in my life, I was diagnosed with HERPES in 2019 and I was taking my medications, I wasn't satisfied, I needed to get the HERPES out of my system, I searched about some possible cure for HERPES and I saw a testimony about Dr. Okuofoh, how he cured HERPES with his herbal medicine, I contacted him and he guided me. I asked for solutions, he started the remedy for my health, he sent me the medicine through UPS SPEED POST. I took the medicine as prescribed by him and 3 weeks later I was cured of HERPES completely, thank you Dr. Okuofoh and I will forever be grateful to you and a lot of people will also reach out to you for help, thank you sir, and if you know that you have HERPES and you don't know how you can cure it, so contact Dr. Okuofoh and he can give you a herbal medication to take and you will get cure permanently without any side effects, Email: drokuofohherbalhomehealing@gmail.com
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    ReplyDelete
  12. شركة نقل اثاث في دبي اسرع خدمة نقل الاثاث باحترافية عالية من خلال فريق من خبراء نقل وتخزين الاثاث
    نوفر لعملائنا خدمات نقل الاثاث من الباب للباب تخزين تغليف فك وتركيب الاثاث
    نقل عفش بسعر رخيص
    نقل اثاث دبي
    شركة نقل اثاث دبي
    نقل اثاث الشارقة
    نقل اثاث ابوظبي
    نقل اثاث العين
    نقل اثاث الفجيرة

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    ReplyDelete