NEW HAVEN – Economic slowdowns can often be characterized as periods of hesitation. Consumers hesitate to buy a new house or car, thinking that the old house or car will do just fine for a while longer. Managers hesitate to expand their workforce, buy a new office building, or build a new factory, waiting for news that will make them stop worrying about committing to new ideas. Viewed from this perspective, how worried should we be about the effects of hesitation today?
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The latest by and about Dr. Robert J. Shiller, Nobel prize winner and author of Irrational Exuberance. Independent and unaffiliated.
Friday, July 22, 2016
Friday, July 15, 2016
Why Land May Not Be the Smartest Place to Put Your Nest Egg
Buy land: They’re not making it anymore. That often repeated adage sounds like good financial advice.
But over the long run, it hasn’t been. Despite solid price increases over the last few years, land and homes have actually been disappointing investments. It’s worth considering why.
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But over the long run, it hasn’t been. Despite solid price increases over the last few years, land and homes have actually been disappointing investments. It’s worth considering why.
Read more
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