First-time home buyers: the new elite?

January 26, 2016 Bob Sullivan 1

Is buying a first home becoming more a privilege than an American birthright? That’s the provocative question posed recently by Issi Romem, chief economist of And he answers it, cautiously, with data suggesting it’s true. Romem’s most concerning assertion: Young buyers have nearly 10% higher incomes than they did [Keep reading]

New ongoing series: The Restless Project

August 10, 2014 Bob Sullivan 1

We need drugs to sleep at night. Nearly half of us don’t have enough in a bank account to cover next month’s expenses, let alone any real head start towards retirement. We buy homes with mortgage payments our parents couldn’t fathom, or we make student loan payments almost that large. [Keep reading]