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Landlords Looking for Help Amid Calls for Rent Strikes

Landlords Looking for Help Amid Calls for Rent Strikes

by Erika Wheless | May 18, 2020 | Featured, Housing

Like other landlords across the country, Larry Crites is concerned when he hears the words “rent strike”. Crites is a landlord for 8 buildings and 48 units in Seattle, Washington, and has been a property manager for 33 years. “There is a lot of talk about supporting...
Record-Shattering, and Not the Good Kind: US Unemployment Rate Soars to 14.7%

Record-Shattering, and Not the Good Kind: US Unemployment Rate Soars to 14.7%

by Erika Wheless | May 12, 2020 | Employment, Featured

The coronavirus has taken the US labor market hostage.  According to data released today by the Bureau of Labor Statistics, the US has reached levels of unemployment not seen since the Great Depression. Non farm payrolls lost 20.5 million jobs, and the unemployment...
Five Things to Watch in February Case Shiller Report

Five Things to Watch in February Case Shiller Report

by Erika Wheless | Apr 27, 2020 | Featured, Housing, Uncategorized

Tuesday’s Case Shiller Indices report will likely show modest gains in home prices for February 2020. Some economists are forecasting about a .3% gain. Home prices in January were strong due to low unemployment, low mortgage rates, and low interest rates. February...

Pandemic intensifies renter conflict with landlords

by Erika Wheless | Apr 17, 2020 | Featured, Housing

Donnette Leftord of Flatbush, NY, won’t be able to pay rent on May 1. Leftord runs a small cleaning company. A few weeks ago, she learned that she was exposed to the virus when a woman whose apartment she cleans, died of COVID-19.  “I have lupus, and am trying to...
Home Prices Start the Year Off Strong, S&P Corelogic Case Shiller Reports

Home Prices Start the Year Off Strong, S&P Corelogic Case Shiller Reports

by Erika Wheless | Apr 10, 2020 | Featured, Housing

Home price growth accelerated in January, indicating a strong housing market before the spread of the coronavirus pandemic. The S&P CoreLogic Case-Shiller U.S. National Home Price Index reported a 3.9% annual gain in January, up from 3.7% in the previous month....
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About Us

Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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