Reporter overall, homes sales are up more than 10 over last year. And builders are picking up the pace. They are now on track to build around 900,000 homes this year, but by the end of the year, the National Association of realtors expects the pace to pick up to an annual rate of 1. 1 million starts. Thats great, but keep in mind a normal year for Home Construction is closer to 1. 8 million. The outlook for apartments and other multifamily construction is also good, even though those starts dropped last month. Rents rose 4. 5 last year and researchers at zillow expect a similar increase this year. Thats why investors are pouring into the market and building new apartments. Assuming you can buy the property cheaply or build it cheaply and rent it out, then you seeing 4. 5 growth in your top line numbers for what you are able to rent it out for looks attractive. Reporter but the outlook varies depending on where you live and how strong the job market is in your area. The market will be u
Is it the middle Class College students or is it poor adults . And i would be more nervous if it was the poor adults. Reporter so, if the evidence is mixed, changing the minimum wage is a bit of a risk. And for some, thats a reason to hold off. Im more comfortable doing it in a stronger labor market. More comfortable doing it if a fair amount of time has elapsed since the last time we did it. I would be comfortable waiting a few more years before doing this again, and then i would do it. Reporter indexing the minimum wage to inflation would eliminate the need for congress to continually debate the issue. The president favors that, but republicans think it doesnt make sense to put a bad idea on autopilot. Darren gersh, n. B. R. , washington. Susie president obama also used last nights speech to push for an increase in Cyber Security. His proposal set the stage for a fresh debate on the urgency for cybersecurity. The president made the case that americas power grid, Financial Institution
Students or is it poor adults . And i would be more nervous if it was the poor adults. Reporter so, if the evidence is mixed, changing the minimum wage is a bit of a risk. And for some, thats a reason to hold off. Im more comfortable doing it in a stronger labor market. More comfortable doing it if a fair amount of time has elapsed since the last time we did it. I would be comfortable waiting a few more years before doing this again, and then i would do it. Reporter indexing the minimum wage to inflation would eliminate the need for congress to continually debate the issue. The president favors that, but republicans think it doesnt make sense to put a bad idea on autopilot. Darren gersh, n. B. R. , washington. Susie president obama also used last nights speech to push for an increase in Cyber Security. His proposal set the stage for a fresh debate on the urgency for cybersecurity. The president made the case that americas power grid, Financial Institutions and air Traffic Control syste
we are not talking about the vast majority of americans, vast majority of americans have employer sponsored insurance, this is a small stud, about those that are in the individual market. in that market, the premiums are will probably rise. not as much as the study said, but it will be offset by tax credits that are a rkey element of the law. who pays the tax subsidies? they are paid for by spending reductions that are part of the act. i agree with you, this is only pertaining to those in the individual masrket. what happens, not only to just the average premium, so, are there groups that will end up paying a lot more and groups under obamacare who for individual policies may pay less than they otherwise would have? basically anybody who is low income, below 2.5% the poverty line, they will pay, or about $40,000 for a family. they will be paying less. they will be eligible for large tax credits. if you are above that level, or you are sicker or older and you were excl
we are not talking about the vast majority of americans, vast majority of americans have employer sponsored insurance, this is a small stud, about those that are in the individual market. in that market, the premiums are will probably rise. not as much as the study said, but it will be offset by tax credits that are a rkey element of the law. who pays the tax subsidies? they are paid for by spending reductions that are part of the act. i agree with you, this is only pertaining to those in the individual masrket. what happens, not only to just the average premium, so, are there groups that will end up paying a lot more and groups under obamacare who for individual policies may pay less than they otherwise would have? basically anybody who is low income, below 2.5% the poverty line, they will pay, or about $40,000 for a family. they will be paying less. they will be eligible for large tax credits. if you are above that level, or you are sicker or older and you were excl