economy Archives - CLIPPING CHAINS

April 22, 2024April 22, 2024

Is My Rent Too High?

In normal times, rent prices, like most everything else, slowly yet surely increase at about 2-3% per year. This is inflation. But in terms of the housing market, these aren’t normal times. In the pandemic era, as demand surged in supply-restricted markets, both sale and rent prices soared, with year-over-year inflation rates at 30% or more in some markets. To speak generally of the world of pricing, what goes up might come down. So, when I approached our landlord a few weeks back about lowering the price of our rent, she wasn’t so surprised.

June 6, 2022June 5, 2022

Is the Real Estate Investment Boom Killing US Housing Affordability?

Find me a person who can talk and you’ll find someone with an opinion on the housing market or real estate investment. And most of those opinions—even from happily settled homeowners—bear the tones of suspicion at best and downright defeat at worst.

Housing prices have skyrocketed a staggering 34% nationwide over the past two years. This rate is essentially an order of magnitude higher than historical home price appreciation. Certain markets are arguably out of hand (to use a technical term). Take Boise, Idaho, where prices are considered 73% overvalued.

Is the booming real estate investment trend at least partially to blame?

May 16, 2022May 20, 2022

This is the Wild Ride We Signed Up For

To date, 2022 has been a bad year for the stock market. As long-term investors, this is the wild ride we signed up for.

December 28, 2020December 28, 2020

2020: An Unusual Year We Won’t Forget

So…2020. To say this year has been unusual, trying, or downright depressing at times would be…well…a start. On any given year, some of us will suffer. All of us will face tough times to some degree. This year, well, we all took one on the chin.

But with so much change, certainly there were some silver linings, no?

Today we reflect on a trying, yet eventful year. How does it feel to be living history in real time?

September 14, 2020September 14, 2020

There’s No Way I’m Investing in this Economy!

On August 18, 2020, against all odds, the S&P 500 hits a new all-time high. Almost exactly six-months prior, the voices of consternation—from all corners, mind you—are inciting fears of Depression-era financial instability in the global economy. Well-minded folks are selling equities for gold and cash, and the more troubled are lining up at the bank, six feet apart, to withdraw their money. Much of the devastation of the pandemic hasn’t changed, yet the stock market is back on top. Or is it?

What in the hell is going on, and should you be a part of it?

Let’s go!

December 23, 2019December 30, 2019

A Decade In Review: Reflection and a Look Ahead

The holidays mark a unique time of the year — a time of reflection. Perhaps this is the only time when we are more likely to consider where we’ve come than where we are going. As we mark the end of a decade, I feel an even stronger sense of reflection, and I’m sure you do too.

How do you feel about this past year, or the past ten years?

Will 2020 be the beginning of the best years of our lives, or more of the same? For most of us, there’s far more of that trajectory that we can control than we might first consider.