Paradigm Real Estate

Inflationary Income While there’s talk of substantial wage growth, some perspective please. Since monthly inflation, as measured by the CPI, began visibly rising in 2/21, it’s rise has exceeded the monthly rise in average hourly earnings every month! This means real wages are steadily declining! Moreover, after pea...

Strong Savings As government stimulus slowly fades, the personal savings rate has generally declined from a one-month peak of 33.8% in 4/20 to the current rate of 9.4%, slightly above the pre-covid rate of 7.5%. This suggests that the abnormal addition to savings from stimulus checks and the lockdown is ending. Wh...

Work Where? After instantaneously falling to 5%, the percentage of persons working in an office building slowly rose to 20% by late 10/20. It then reversed and steadily fell to just 10% by Christmas. Since, it’s consistently risen and is now 25%. The city with the highest percentage of persons in the office i...