Something to ponder - the highest we've ever been in this 'ratio' was 2006 when the average appreciation was about 55% of the median income.

Consumers are now feeling the rent equivalent increases as landlords start to exercise their ability to offset higher costs in the form...

We drastically need new inventory - but any shocks to the economy would slow the builders down again as it did in 2007...

Another simpler look - we are continuing to grow our borrowing since the last financial recession. Most borrowing is related to the...

This is something I've been talking about for weeks - the stimulus has worn off, and consumers are seeing their disposable income below...

One of the biggest problems facing our society - all great societies end when the 'haves' and 'have nots' get too far apart. This has...

Update of the Borrow Smart University quarterly graphic on Assets/Liabilities - this shows you a rough estimate of the balances of all...

Here's a simple way to see the impact of interest rates on future home values. In January of this year, $1,000 per month would buy you...

We shared the incredible growth of equity in US Households... caused by price appreciation (and a possibly misguided effort to pay off...

Inflation-adjusted returns on Private Real Estate (homes) versus S&P 500 since around 1964. In another post we were talking about...

We teach about LAG - Liability Asset Gap. One idea we share is putting less investment inside your house (private real estate) and...

The Liability Advisors focuses on cash and liabilities as they are the key basis for wealth creation. If you can't manage your cash and...

Inflation is the ultimate tax. It impacts everyone, but it has a greater impact on some. Housing (rent) is predicted to increase more...

Since 1990, house values have gone up a great deal. What have monthly PITI payments done during that same time period? From 1990 the...

The everything debt bubble? I can see how the public debt increased so rapidly in 2020 from the COVID-related payments, but why did...

"Good time, bad times, you know we've had our share..." Led Zeppelin was probably not referencing this graph, but one key obstacle right...

This is how I feel about Liability Management: "You may remember the story Charles Osgood once told about four people named Everybody,...

We are +14% above the 2006 peak in housing prices on an inflation-adjusted basis (meaning in real wealth terms). From a nominal wealth...

Hmmmmmmmm............. too many Realtors, might mean we also have too many loan officers. Usually spikes in employment are highest before...

The Consumer Balance Sheet: 25% of Total Assets = House (keep the word Home out of your vocabulary when talking about financial...

Inflation drives house values up, and if income is keeping pace, most of us are happy. When income stay relatively flat - as you can see...

Great resource to visualize the dynamics of housing affordability... https://dqydj.com/historical-home-affordability/

Housing Prices - YOY change in the S&P CoreLogic Case-Shiller Home Prices. Inflation (driven by low rates and high demand + low...

Talking to one of our CLAs recently we discussed the speed at which rates have moved up. Researching it further - I was surprised to see...