Last week the CPI report was released. One can see that shelter is now by far the biggest component of inflation. Non-Housing Services are growing at a moderate rate while Core Goods prices are declining.
This chart shows how CPI excluding shelter has been moderating quite significantly,
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Renter Nation
Here is my latest video discussing the transition of the United States from a society and economy that was completely homeownership centric to one that has become much more of a Renter Nation. We at CWS believe this is a trend that has some very powerful economic,
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Gary Carmell
Posted in Apartments, COVID 19, Investing, Labor, Personal, Psychology
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One of the beneficial things about writing a blog each week is that it helps me prepare for presentations that I have to do periodically. Last week we had our national meeting in Austin for many of our CWS employees, and this week we have our annual investor meeting.
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With the renewed runup in interest rates, I thought it would be appropriate to revisit the homeownership market via a frenzy of charts. Of course, all real estate is local, but these overall trends are pretty powerful, so it would be unusual for most markets to be immune to them.
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Gary Carmell
Posted in Apartments, COVID 19, Economy, Housing, Market Bubbles, News, Real Estate
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Give me a word
Give me a sign
Show me where to look
Tell me, what will I find?
What will I find?
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Let us put men and women together
See which one is smarter
Some say men, but I say no
The women got the men like a puppet show
It ain’t me –
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Gary Carmell
Posted in Apartments, Economy, Interest Rates, Investing, Stock History, Stock Market
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One can see from the following charts from Sentimentrader.com that the last 100 trading days have been one of the worst periods in terms of stock returns in modern history.
And while the jury is still out as to whether we will have a recession over the next year,
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Gary Carmell
Posted in Apartments, COVID 19, Economy, Housing, Interest Rates, Labor, News, Real Estate
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I think this chart is what keeps Jay Powell up at night. If he were convinced beyond a reasonable doubt that we were still in the same low inflation regime that had been present for decades prior to Covid,
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Gary Carmell
Posted in Apartments, Economy, Housing, Interest Rates, Investing, News, Retirement
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Warren Buffett’s 2014 Letter to Investors – The Power of Concentration
Warren Buffett’s Berkshire Hathaway’s stock price exceeded $200,000 per share for the first time in August 2014. The company was the world’s fifth most highly valued corporation in 2014 and dropped in 2022 to 6th place. The stock was propelled higher by record earnings (August 1,
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Apartment Owners and the Benefits of an Economic Recovery
As apartment owners we are obviously very interested in the affordability and appeal of home ownership as it can compete directly with apartment demand. I recently came across a couple of interesting pieces of research from the Federal Reserve. While others might be enjoying Game of Thrones or other cutting edge television and entertainment I somehow find myself looking for cutting edge research related to housing,
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