State capitals are no-doubt the bastions of political power in each state – at least when the legislatures are in session. Many of the state capitals are also home to universities and colleges and major businesses and industries. Others (17 by count) are the largest cites in each state. But just like all cities, each …Read more
When it comes to creating demand, jobs are the critical element. As the number of jobs increase, likewise does effective new demand for housing — with effective demand being not just the desire to purchase but also having the financial ability to do so. In the U.S. today the new supply of housing is failing …Read more
Getting a bigger piece of pie is always easier when the next pie is even larger than the prior. The same is true when it comes to growing demand for goods, services and real estate. More jobs and, to some extent also population (but not as important as jobs) are key metrics for economic growth. …Read more
Axioms are truths with my primary Axiom being that Jobs Are everything to the economy and the ultimate demand for real estate. Period. Job growth, however, is not systemic across the country by state, Metropolitan Statistical Area (MSA) or Division. Just like states, variability in job growth exists across all MSAs and Divisions at any …Read more
This continues the theme that Axioms are truths, and my primary Axiom is that Jobs Are everything to the economy. Period. Variability in job growth exists across all states at any point in time and also within the same state over a time period. As usual, I invoke the TINSTAANREM axiom — There Is …Read more
As mentioned in prior blogs, perhaps the most frequent question I receive is, “What should my __________ (daughter, son, granddaughter, grandson –fill in the blank) study in college to be successful?” Success is not necessarily a function of what a person studies. While some people forgo compensation and pursue their personal desires, others are more …Read more
Axioms are truths, and my primary Axiom is that Jobs Are everything to the economy and the ultimate demand for real estate. Period. That is also my speech topic for 2019. Hence the relevance of this blog. Job growth, however, is not systemic across the country by state, Metropolitan Statistical Area (MSA) or Division. Just …Read more
Axioms are truths, and my primary Axiom is that Jobs Are everything to the economy. Period. That is also my speech topic for 2019. Dramatic swings in employment data are not uncommon – just look at the comparison of 304,000 net new jobs created nationwide in January 2019 compared to the miniscule 20,000 net new …Read more
As the new year progresses, the questions from parents and grandparents continue: “What should my child-grandchild-God child-niece-nephew-cousin et al major in at college to obtain a good job? This question arises multiple times weekly. Fortunately, U.S. News and World creates an annual compilation of the jobs that are projected to have the greatest number of …Read more
Axioms are truths, and my primary Axiom is that Jobs Are everything to an economy. Period. That is the speech topic for 2019. Given an impressive 312,000 net new jobs created nationwide in December 2018 alone, many Metropolitan Statistical Areas (MSAs) and Divisions performed extremely well in the 12-months ending December 2018. Job growth, however, …Read more