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2023 10 03 | The Data Prove Government Is Spending Too Much **
"Between 2013 and 2022, aggregate annual spend-ing by the 50 state govern-ments, excluding federal funds, increased 51.7%. Total annual federal spending rose 69.4% during the decade, more than three times as fast as the 21.6% increase in the rate of population growth plus inflation. If government grows faster than this rate, then it is growing faster than what the average taxpayer can afford.
Had the federal govern-ment limited the growth in spending to a maxi-mum of the population growth rate plus inflation during that decade, in 2022 the federal govern-ment would have spent $1.6 trillion less than it did, resulting in at least a $200 billion surplus. If the federal government had done this over the past two decades, the national debt would have increased by less than $500 billion instead of $19 trillion."
2023 09 21 | Will You Outlive Your Money?
Americans are less prepared for retirement than they think and are at risk of running out of funds sooner than they realize, study shows.
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The Exact Age When You Make Your Best Financial Decisions*
The prime years for making smart financial decisions are, on average, 53 and 54. At around that age, people have accumulated knowledge and experience about money, spending and saving, but haven’t begun losing key analytic cognitive skills. It’s also roughly the age when adults make the fewest financial mistakes, related to things like credit-card use, interest rates and fees. Knowing what leads to the financial strength of your early 50s is valuable. Younger adults can delve more deeply into basics like inflation and interest rates to hedge against lack of experience, and those who are older can work to keep their analytical skills sharp. ...
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The Suburb That Defied Nimby ("not in my back yard")
New Rochelle streamlined approval processes and engaged with the local community to speed development of thousands of new apartments
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Dallas - Out Front on BTR Rentals
San Antonio - 301-Unit Affordable Housing Project to Rise in Stone Oak
San Antonio - 354-Unit San Antonio Luxury Apartment Hits Milestone
San Antonio - Shuttered River Walk Hotel to Rebrand, Reopen Next Year
Austin - Meta Adds to Austin’s Sublease Space
Houston - United Airlines Redoing, Expanding Houston Airport Terminal
*“New York Life Real Estate Investors strategically improved a timeless asset that featured large floor plans, garages, and unique amenities. Their hold period lined up well with a window in the capital markets where they could see an overwhelming amount of attention from investors, resulting in a successful sale,” said Stickel, executive vice chair at Cushman & Wakefield.
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