Gary CarmellI came across an interesting research paper from the Federal Reserve related to household formations. Here’s the title, author, date, and link:
The Long and the Short of Household Formation
Andrew Pacioreky
April 1, 2013
http://www.federalreserve.gov/pubs/feds/2013/201326/201326pap.pdf
The supply of housing is fairly easy to quantify from statistics published related to building permits and housing starts.
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Gary CarmellThis is from October 1, 1929. A pretty sad tale of a bridge game gone awry and an extreme example of how marital pressures and resentments can build up to a boiling point. The wife shot the husband after an argument in which she called him “a bum bridge player.” I can’t do the story justice by excerpting it so I think it’s worth the time and getting out your magnifying glass to read the short piece.
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Gary CarmellThese are two interesting charts that I saw on the Carpe Diem Blog (well worth visiting) regarding the incredible productivity related to U.S. natural gas production. The industry has been able to produce about 6 times the gas per active rig as it did in 2008.
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