An awful lot of people are skittish about the stock market, but real estate, that's viewed in the general public as a sure thing. |
Every buyer that reads that negotiates harder. |
Income is tilting toward the top end of the scale. |
It's absolutely a real phenomenon. There are a lot of reasons why it's happening. |
That enabled people to buy much, much more house than they would have otherwise. |
The danger going forward is that the formerly large middle class is shrinking, and we are depending on a relatively small fraction of affluent households to provide the bulk of future consumer-spending growth. |
We were surprised at the incidence rate. It was higher than anyone expected. |
When New Hampshire gets the reputation as the retirement capital of the Northeast because of its low tax burden, we're in really, really big trouble. I have nothing against older people, but we are unbalancing the demography; we are unbalancing it big time. |