W. J. Mencarow

What is Stagflation? Why Economists Are Worrying About a 1970s-style Catastrophe

Published by FOX Business | May 20, 2022 Stagflation is the combination of economic stagnation and high inflation, characterized by soaring consumer prices as well as high unemployment.  Soaring consumer prices, supply chain shocks, rising energy costs and a hawkish Federal Reserve determined to bring inflation under control: These are the worrisome attributes of the U.S. economy that have …

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Every Home in America Has a Wildfire Threat Score; Some Areas See 200% Jump in Risk

Published by CNBC Real Estate | May 16, 2022 New technology from a Brooklyn-based nonprofit, First Street Foundation, is mapping the threat with house-by-house specificity. Raging New Mexico and California wildfires may offer an ominous outlook for a growing swath of America, and not just in the West. Wildfire risk is increasing and its destruction …

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Chief Economist For NAR Predicts Uncertainty For Housing Market

Published by Forbes.com | May 5, 2022 NAR calculates purchasing a home is now 55% more expensive than a year ago. Two years after enduring the devastating financial impacts of Covid-19, the U.S. economy has made an impressive comeback, in large part due to a booming housing market. But as Lawrence Yun, chief economist for …

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The Tax Break Commercial Real Estate Investors Might Need After Covid-19

Published by Forbes.com | May 11, 2022 The decrease in value of commercial property has forced many owners to restructure their debt. The COVID-19 pandemic has had a dramatic impact on commercial real estate values, and in some cases resulted in property no longer being able to support the debt with which it is encumbered. …

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Joe Biden’s Agencies Spike Housing Problems with More Refugees

Published by Breitbart | May 9, 2022 President Joe Biden is importing many refugees who are too poor and unskilled to afford decent housing, according to media reports. At least 100 Afghan refugee families who were dropped off in California are still living in hotels, according to a May 8 report in Spectrum News 1. …

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Regulators Propose First Major Revamp to Fair Housing Rules Since 1995

Published by CNBC | May 5, 2022 Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law aimed at increasing lending to low- and moderate-income communities. The changes would tailor the Community Reinvestment Act’s approach to making sure banks are not engaging in “redlining,” or refusing to …

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Real Estate Expert on Whether Home Prices Could Come Down Amid Fed Rate Hikes

Published by FOX Business | May 2, 2022 Data recently released for February 2022 show that home prices continue to increase across the U.S. as limited supply and a race to lock in rising mortgage rates drove enticed buyers. First American Financial Corporation chief economist Mark Fleming discussed where he believes home prices are going …

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