Tweet us or leave us a comment on facebook. History was made on october first. Open enrollment for obamacare. That is the Patient Protection and Affordable Care act. It kicked off natio nationwide h plenty of technical glitches the attention turns to how many millions of uninsured americans by policies by march 1 st. We asked david to layout the next key date and why they matter to individuals and business owners. Today americans who have been forced to go without insurance can go to healthcaredo. Gov. Look at what happens tomorrow. For individuals new years day is the next milestone. That is the earliest day that the coverage kicks in on the new Health Insurance coverages. The consumers will be able to pickick in at tax time. The term preexisting condition condition becomes a thing of the past. Insurers cannot deny you if you are sick or raise your premium if you are woman. They cannot put a dollar amount. If you have cancer your insurer cant drop you. And medicade co wil coverage wie expanded. A family making 40,000 i 40,0r will be able to have full co. Changes for Small Businesses are scelt scheduled to open. If you have fewer than four employees you may be eligible to for a tax credit. If you have more than to you have until january 2018. The law imposes an excise tax on plans that cost 2,700 for individuals and families. As americas new Health Exchanges roll out. The focus is on how how many pee sign. Ali the Obama Administration expect 7 million to sign up in the first year. Since the housing bubble burst almost 400,000 new ren tis have flooded the Housing Market. Many are millenials and that thethey are theroughly under 35. They are buying more and renting less 32yearold gar garcilla ds of buying her own home. I dream of buying but thees i have dont have the salary to take that plunge. She has been warned she could be laid off at any time. Because i dont know what the future will hold. I just know it wouldnt be smart to buy right now. And probably not smart to buy in the next year or two. I cant see the day it is going to be smart. She is one. Growing numbers of millenials choosing to rent than buy. This is changing generation. The economy has not been producing enough high paying jocks. Many millenials are unemployed or under employed or have jobs that dont pay sufficient levels of remuneration to purchase a home. Since the housing crisis the millenials showed the steepest decline in home ownership. One reason is the student loan debt. Its like graduating from college. You are immediately subject to mortgage payments. And you have to make a Monthly Payment on your student debt. That makes it difficult to take on a debt load of a mortgage. She has Credit Card Debt of 13,000. I dont have enough savings first of all to even think about putting a down payment. According to the Federal Reserve the share of young people getting their First Mortgage was chopped in half in 2011 from ten years ago. Falling from 17 to 9 . Its harder to get a mortgage than the housing bubble. Its much harder. The benbe even in parts of te country where unemployment rates and Housing Conditions are better than the national average. During the housing bubble, credit was lose and Interest Rates were solo. We created these toxic financial products. After the bubble burst strengther lending practices with credit quheks. Checks. Renters face a lot of o obstacles but the biggest is ons saving enough for a down payment. In 1990 it was 20 and now its 22 . The last majority of young renters want to own some day. For the majority like shawn agnew home buying is not a goal. Its a lifestyle choice. I could buy a home if i wanted to. I choose the rent for the flexibility and the mobility of being able to get into another areas of the city and possibly moving to another city or outside of the country. Sunshine for him buying a house seems like a risky financial decision. I see buying a house a questionable investment and right now im invested in four businesses and i chose to put my money into business rather than real estate or a house. Right now im saving for survival and that doesnt include a mortgage. Mortgage. Ali as demand fo apartmentss rising th behind the boom is inquitessors buyininvestors buys fast as they can. Its creating a buy to rinlt industry. Some of the big financial dpirms have bought so many homes and that is driving up prices. We go to new york. And that area has the second highest is price in the country. The first tuesday of every month this is the scene on the steps of the courthouse in goir georg. Hundreds of Distressed Properties sold in the blink of an eye. Well very exciting. Somewhat like hurting cats. They will do this one next. Est its his first time at the auction they were hoping to buy a home on the cheap but he was not expecting the chaos. Have you found out who is different . I see there are several different locations. Or the big investors that are driving up competition on the sale price. I go up in 500 inyesments and they go up 5000. Im trying to get it to 1 150 ad they are 150, 170. Zplnchts and you look at him and say the house is not worth that. Its a phenomenal i that is happening worldwide. Looking back a year and a half ago not one institution onlied single femalely rental homes. And now they own 17 billion worth in the next few years. We are trying to capture as Many Properties for our client as much as possible. Series is one. Localow the market is going fron owner nation to the renter nation. The rental market is huge. The Housing Market is improving the new mor morgan sty report says homeowners that have defaulted on their mortgage will force them to rent instead of own. The presence is let by three large grogs that have appeared to have pulled together. First black stones ininvitation for holmes and second america for rent and colony homes. Some of them are pulling it is into website trusts. And they are trait and on the stock exchange. The home is not a read. Its the largest firm in the game meaning 30,000 in the United States. They have purchased over 800,000 houses. The Institution Investors have changed th the in the county. We auctioned off 189,000 houses. What is being created hedge funds are taking those off the market theyre not available for anybody to buy. We are coming up with a shortage of housing. Local real toyer agrigs. El of active homes for sale. That is one third of the insven inventory in 2008. Not down the injury. We have more t to sell. I think the over all feel is something a good thing because it put a floor on home fridayss. Some wonder how long they will stay in the rental market. Single family yields interest quite lower than they are today and quite lower than historical yields in other United States asset classes. At some point in time they will have to sell. Thats a fact. How long are they going to hold . I dont know. Blackstone says they committed to investing in the communities where they are buying. I think its hard that we are betting on america with this housing strategy. We are betting that our housing strategy will recover. I have talked to my client and they tell me they are planning for a prong term hold. Big investors are looking to even up the Housing Market. We are going to come back next month andbly our gunls and a little fishing in the big pond. Socialologists call them test towns areas in chicago and boston that are homes to staffing agencies. They pay low wages for a company that wants flexibility. Well take you to tempt house. Regular job it means you are living from pay neck tock may yun. Tock from pa paycheck to too paychec. [[voiceover]] every day, events sweep across our country. And with them, a storm of views. How can you fully understand the impact unless youve heard angles you hadnt considered . Antonio mora brings you smart conversation that challenges the status quo with unexpected opinions and a fresh outlook. Including yours. Consider this. Unconventional wisdom. Ali mamerican companies are becoming a addicted to temps. We are not talking about the kelly girl worker. Many of todays temp workers work low wage house in warehouses or packing boxes in n factories its giving rise to temp town where dozens of staffing agencies provide thee s that want shor short term flexibility. In the Early Morning house this is what you will see. Workers lining up at temporary staffing sayin agencies hoping t a days work. You wont start working until 6 or 7 00. And many workers are at the agency between 4 and 4 30. Here in cicero these people are loaded in advance. The numbers are up to 300,000 in the chicago area. In the chicago area some of the well known companies that use temp labor. Walwalmart. Smirnoff and Mccormick PlaceConvention Central a center andt goes on an and. The number grew 5050 to a record 2 Prime Minister 7 million. Some places clustered their warehouses and exactries that they have become what socialologists have called temp downs. Temp towns are old industry cities where new waves of imfrance have come to live. The temp industry has situated concentration of agencies in this area in order to take advantage of that lap o labor. You have a little huddle and you have high unemployment and people are desperate. Thirty miles away rosa ramirez refnlt rents a room. Another temp town. That is hemming staffing agencies. When i came to this country. I only have job for me the tell temporary for one month or one week or two days. No, no per permanent. In her is a year her 15 yeare has made air filters for the military and packed boxing at this company star sampling. It produces with commercial craft and johnsonandjohnson. One thing that hasnt change is the volume til volatility hae more extreme. The highs have become higher and the lows are lo. Larry is between 20 and 20 workers every time. Thehfer the march get market. If i am in a situation where we are in a competitive battle to win work. My quass percent were very 23eur7 o mycustomers were ve. They make up 20 of the workers nationwide. And many are undocdocumented. Organizers estimate that two thirtdz dont have prop each working paper. Studs show that they rarely get benefits and higher injury rates and earn is is i tweenlt five r workers. They also have fees that are below minimum wage. We talk about the temp traksz and long term temp work is tea bill tasting. The ce oovment of Manpower Group say they should be tred fairly and not grouped with other staffing agencies. Its hike looking 53,456 likt formed. All we are tuning is pay our 345r death rates in the last fie to 20 months of three amplet a f increase. In regular jocks you will be living for to paycheck and paycheck. Go but in the emtavg he wants to your y. . Rmplet. He wons made a bad just. Zplrchltet is hoping that sort stherm jobs that i have long term opelongterm position of. The company was laid off and not enough work. Resent Research Shows that 1 1 4 temp jobs lead to permanent position. And for workers like rosa that means a daily struggle. Ali we contact the walmart and said that temporary workers have been part of their business models. The tell work makes up a small to enjoy their work forces. Why do a few of you Pay Attention to the fees, fees that leave us with a lot less money when we need it most. I cant spend the time on a zailly basis so im playing somebody else to do that. Zplnchts. I exthain why you need to take 9 9 time of 401k fees. Keep it here. They were bombarded with shells as snipers were shooting at them. Cartoon journalists who risk their lives to tell the story. He was a traumatizing experience. Al Jazeera America presents. Comic books go to war premiers next sunday 9 eastern. Vses the ups and downs of the Financial Market affects all of us. One of the biggest managers of the the 401k accounts is up 40 million. Its only part of the 401k story. The other part is what we pay no attention to. Fees that can eat away at your nest egg and leave you struggling at retirement. What you need to know about 4501 k fees and what you can do about them. Darren is working at the market before returning to her job as a suv naive. She has never planned for the die shea started working. She darted when she was a teening aer. I got my first job when i was a teen averager. She is one of many that have received disclosure plan. They had calm and quiet early breakdown of fees. I have to be honest. There is not something i have spent a lot of time diving in to. Besite from y using statement tsz and two new videos own the internet. Be onen the luxe o utd for speed enclosed orbs coming your way. Its the biggest thing that happened sings the 401 cssments k. Only pa 3 of the participants notice the tis plan documents. And of those that did see the forms 80 made changes to their plan. I. I cant be constantly looking at what is going on my case. The resulting loss catches could leave you with less ai Al Department theyre is a problem in the department of labor site and you invest and after 5 years your nest deregulate whether grow to 227,000. If all else stays the same and fees and expenses is. 5 . After 34 assets because of those fees your nest egg will be 28 smaller. You will have 1 163. Marya has work the with workers with the 401k plan. They have to understand the disclose your fans. Its divided into three categories. Record keeping fees and individual service fees like take an option from your plan and investor fees. Look at all of nice paper the documents sirery betweenlike and force he county. They can give fees whatever name they choose retirement account fee and pointly penguins flee. And in a staivment the u. S. Department of labor continues to monitor if any takes will khalided read over your planned documents for once a year and search for unusually of fully main fegs. Although you cant afford keys you will be able to switch your crors rchlt. Its important for people to Pay Attention to it but not many people t do it. The new Disclosure Rules have incest vestments first. And keeping prices in check. Almost everyone now knows what the com combination par or grouf plans now they no in y terms what they are up against. New Disclosure Rules are helping reduce fees e. We saw last year in the lookk at the fees, a steady fee klein in fun fees. The down ward trinld is expected to continue. Good be news and every wound else t to retire in comfort. Ali even though fees eat into your series everyone afleece that the 401 k plan is the bhestd wry for you to stay with it. I recommend that you check the fees and how your 401k is disclosed. That is our show for this week. Im ali veshi thanks for joining us. I will see you nix time on real money. Zplonchts uses chemical weapons. And the capture of the top alqaeda suspect on the soil and air bus lands a major