Tag Archives: Afford

Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again ⁠— but here’s why it’ll look nothing like 2008

Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again ⁠— but here’s why it’ll look nothing like 2008

Real estate investors have largely done well for the past few years. But with higher interest rates, things could be about to change. The U.S. Federal Reserve raised its benchmark interest rates by 0.75 basis points on Wednesday, marking the third such hike in a row. Higher interest rates translate to bigger mortgage payments — not good news for the housing market. But cooling down housing prices is part of what needs to be done to bring inflation under control. Don’t miss “For the longer… Source link

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Can Warriors afford Jordan Poole’s max extension?

Can Warriors afford Jordan Poole’s max extension?

SAN FRANCISCO — It took a moment for Jordan Poole to soak it all in, wearing the hat and T-shirt with confetti dropping from above at Chase Center as the Golden State Warriors clinched a trip to the NBA Finals. If it’s a feeling he wants to help duplicate, the punitive luxury tax penalties won’t be a deterrent for the Warriors to keep him. Warriors president of basketball operations and general manager Bob Myers cut off the question before it could be finished, flatly saying “no”… Source link

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Google Maps Workers Say They Can’t Afford the Trip Back to the Office

Google Maps Workers Say They Can’t Afford the Trip Back to the Office

Google Maps contract employees who are required to return to their office in Washington State recently circulated a petition to keep working from home since some cannot afford their commutes, presenting another challenge to Google’s plan to refill offices and restore campus life. The issue affects more than 200 workers who are employed by the outsourcing firm Cognizant Technology Solutions, which mandated that they work in an office in Bothell five days a week starting on June 6. The… Source link

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Google Maps Workers Say They Can’t Afford the Trip Back to the Office

Google Maps Workers Say They Can’t Afford the Trip Back to the Office

Google Maps contract employees who are required to return to their office in Washington State recently circulated a petition to keep working from home since some cannot afford their commutes, presenting another challenge to Google’s plan to refill offices and restore campus life. The issue affects more than 200 workers who are employed by the outsourcing firm Cognizant Technology Solutions, which mandated that they work in an office in Bothell five days a week starting on June 6. The… Source link

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