A Monday night sighting of the convicted killer who escaped from an eastern Pennsylvania prison nearly two weeks ago jolted the surrounding community into high alert and prompted school closures Tuesday, after police warned the inmate now has a weapon.
The final home of Marilyn Monroe – and the only residence she ever owned independently – will remain standing for now after Los Angeles officials intervened to block the property’s demolition....
There was not a single thing in that article which makes that house special. The only claim to fame seems to be “long dead actress owned it for a couple years”.
It’s all talking about how she was a famous icon. This is gross celebrity worship/fetishism.
*Loads for me. Maybe you need better mobile adblock? *
Baby boomers may be to blame for today’s housing imbalance, Barclays says
Dani RomeroSeptember 9, 2023 at 4:46 a.m. Millennials may have another beef with boomers: the shortage in housing.
In a note from Barclays housing research team, economists are pointing the finger at the aging Americans who are fueling the demand for homes as the market remains surprisingly resilient.
“The US housing sector is on the upswing again, even with mortgage rates at multi-decade highs. Although much has been attributed to shortages of existing properties and mortgage lock-in effects, we think strong demand is a symptom of the aging population,” Jonathan Millar, Director, Senior US economist at Barclays Investment Bank, wrote in a note to clients.
The theory that the aging population would require fewer homes isn’t quite accurate. It turns out older consumers tend to prefer smaller dwellings but not fewer homes. Barclays housing team makes the argument that currently more boomers are partly responsible for creating more households, putting pressure on housing demand.
“This is because the composition of the population has important effects on demand: a given person is generally more likely to become the head of a household as he or she ages, with the highest likelihood occurring beyond retirement age,” Millar wrote.
“Hence, as an increasing share of the population shifts into older age groups, more and more households tend to be formed. That is, as a given household head ages, the size of the household (in terms of people) tends to become smaller and smaller, with children moving out and couples separating because of divorce or death,” the economist added.
However, there’s a difference now from the previous aging generation. The boomer generation is a much larger one, so they are using up more houses than prior generations as they age.
“Retired people always are much more likely to be the head of a household than those in pre-retirement age. This is because a given person in this age group is much more likely to be a single head of a household, especially as they, inevitably, lose a life partner,” Millar told Yahoo Finance in an email. “The difference now is that this generation is a much larger group than the one that preceded it, which means that they demand much more housing.”
That leaves less existing inventory for the younger ones, especially millennials as they reach an age where they would form a new household and buy a house.
“Despite notable increases in demand from the 35-44 cohort, almost all of [the] additional demand is explained by the aging population, with significant increases in households in the 65-74 and 75+ groups,” Millar wrote.
The youngest boomers are 59 years old, and not yet retired while the oldest are 77 years old. Boomers will eventually require “less housing” as this group ages, but that will take time for that to happen.
US resident population. Census Bureau estimates through June 2022 are extrapolated using UN projections. US resident population. Census Bureau estimates through June 2022 are extrapolated using UN projections. “Along the way, the retirement age (65+) cohort grew from about 13% of the civilian population in 2010 to 16.5% in 2020, and it is expected to increase to 20.5% by the end of this decade,” Millar wrote.
“Trends for the 75+ group are even starker, with the share expected to expand from 6% in 2010 to 9.5% by the end of this decade, then well above 10% in the decades that follow,” he added.
But there’s still an upside for the younger generation.
“Unlike the boomer generation, the population in these younger age groups is not especially large in comparison to what it has been over the past few decades,” Millar told Yahoo Finance, signaling the current demand dynamics for housing may not persist in the future.
Meanwhile, the housing shortage has remained a major headwind for homebuyers. Rising mortgage rates have stalled out the market’s inventory. Existing homeowners are reluctant to sell and risk giving up a lower rate they secured before the Federal Reserve’s aggressive interest rate hikes that have pushed mortgage rates to a two-decade high.
The share of homes listed for sale dropped 18% over the same period last year, marking the biggest fall since the start of 2022, according to
The limited inventory also means buyers must compete for a limited pool of housing, pushing home prices higher.
The formation of households is one of the factors that fuels the housing market. It happens when consumers move out on their own, creating a head a new household.
The move happens as younger adults venture away from college and their parents. Per Barclays available data through 2022 shows that there’s a rise in household formation at the age of 25, which increases steadily and peaks around retirement age and older.
“Among other things, this reflects the parenthood phase during prime age (25-54), the separation of adult children from the household, divorce, and the heightened possibility of eventually losing a life partner to death,” Millar noted.
This article is about Alabama’s unconstitutional maps and how it dilutes African American votes by packing the black vote into one district. So the article considers…well…is that really so bad?...
I tried searching on google, but I need to apply “effects” as in mathematical equations (especially sine waves) for around 8192 values. All of this should ideally be around a few milliseconds, but should not take longer than 10ms....
If your function gets called every 40ms, design it so that it normally completes in 20ms and use a buffer of a couple batches. Should work fine unless some other process monopolizes all the cores.
edit: I noticed you need data from external sources with high latency. You need to put the data read in it’s own thread so that processing current data doesn’t get held up by latency reading new data.
It was built with taxpayer money and is critical to US national security. Now it’s being used to help the enemy in war. We absolutely should nationalize it.
Democracy Now! news clip containing info about Uranium weapons already in Ukraine (supplied by the UK), as well as info about Uranium weapons used in the past (in Iraq), and the effects of their use.
It’s been downhill since Windows 7. I think this will be my last Windows PC.
I just don’t feel safe with Windows that next time I boot up there won’t be some fresh horror I didn’t ask for and have to go research how to put back in the bottle.
It’s like having your computer pre-rooted with malware.
Justice Brett Kavanaugh said Thursday that the Supreme Court is working on “concrete steps” to address ethics issues at the high court amid an array of recent news stories on justices’ travel and relationships with political donors....
Director Woody Allen says Spanish football chief Luis Rubiales should not lose his job for forcibly kissing a player on the lips after the Women’s World Cup final, saying it was not like he murdered someone or burnt down a school....
Pennsylvania plans to end on Dec. 31 its longstanding contract with the nonprofit Real Alternatives, the first organization in the nation to secure significant state and federal subsidies to support anti-abortion counseling centers. Under the program, Real Alternatives distributed the state and federal funds to dozens of...
KHOU 11 Investigates discovered more than half of the cops in the Coffee City Police Department had been suspended, demoted or fired from their previous jobs....
UPDATE 2It seems that starting today, uBlock Origin is working to combat this Youtube Block. Mine started working again! Lets all thank the devs of UBO for fighting this fight!...
A University of North Carolina-Chapel Hill faculty member was killed Monday in a shooting that prompted a campuswide lockdown while officials searched for an “armed and dangerous person,” university officials said....
You can use an O(n) radix sort on the Z-values because IEEE-754 floats share the integer property that leftmost bits always have higher values than rightward ones.
Apple confirms it will no longer use leather for new Apple accessories, starting today. (www.macrumors.com)
Another step for animals rights!
Unity introducing new fee attached to game installs (www.gamedeveloper.com)
Residents asked to stay indoors after escaped Pennsylvania killer is spotted again, and police say he is armed (www.cnn.com)
A Monday night sighting of the convicted killer who escaped from an eastern Pennsylvania prison nearly two weeks ago jolted the surrounding community into high alert and prompted school closures Tuesday, after police warned the inmate now has a weapon.
Demolition of Marilyn Monroe’s house halted after widespread outrage (www.theguardian.com)
The final home of Marilyn Monroe – and the only residence she ever owned independently – will remain standing for now after Los Angeles officials intervened to block the property’s demolition....
Teen’s death after eating a single chip highlights risks of ultra-spicy foods (arstechnica.com)
The hot pepper linked to teen's death can cause arteries in the brain to spasm.
Suella Braverman pushes for ban of 'lethal danger' XL Bully dogs (uk.yahoo.com)
Wow this post got popular. I got called into work and didnt see the replies, sorry ladies and gentlemen! Trying to catch up tonight.
This is a crime. (feddit.uk)
Console Logs : Hello from the other side (lemmy.world)
Shame 🔔 (lemmy.ml)
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Throat Waffles (lemmy.ca)
Is Vote Dilution Necessarily Bad? (www.aei.org)
This article is about Alabama’s unconstitutional maps and how it dilutes African American votes by packing the black vote into one district. So the article considers…well…is that really so bad?...
Guaranteed function return time in C/C++?
I tried searching on google, but I need to apply “effects” as in mathematical equations (especially sine waves) for around 8192 values. All of this should ideally be around a few milliseconds, but should not take longer than 10ms....
Air Canada changed my flight for the 3rd time, I'm now landing in Toronto 1 hour AFTER my next flight departure. (slrpnk.net)
Elon Musk ‘committed evil’ with Starlink order, says Ukrainian official (www.theguardian.com)
Ukrainian presidential adviser says deaths of civilians ‘the price of a cocktail of ignorance and big ego’...
"Alarming": Biden to Supply Depleted Uranium Shells to Ukraine Despite Contamination Risks [Democracy Now!] (youtu.be)
Democracy Now! news clip containing info about Uranium weapons already in Ukraine (supplied by the UK), as well as info about Uranium weapons used in the past (in Iraq), and the effects of their use.
Our Computer (infosec.pub)
OC for you.
What is the most "Thankless" job?
If someone comments saying their actual current job, please be kind and thank them in a reply.
Brett Kavanaugh says justices are working on ‘concrete steps’ on ethics (www.cnn.com)
Justice Brett Kavanaugh said Thursday that the Supreme Court is working on “concrete steps” to address ethics issues at the high court amid an array of recent news stories on justices’ travel and relationships with political donors....
C/Mealtimevideos is gone?
Hey I remember a community I liked called Mealtimevideos - not too short, not too long. Just right for lunchtime....
Baldur’s Gate 3 just made the future of Xbox Series S a bit more uncertain (www.polygon.com)
Larian’s RPG may have set a tricky precedent for future chats with Microsoft
The left needs to abandon minimalist loser politics
What are minimalist loser politics?...
‘He wasn’t raping her’: Woody Allen defends Spanish football boss over World Cup kiss (www.smh.com.au)
Director Woody Allen says Spanish football chief Luis Rubiales should not lose his job for forcibly kissing a player on the lips after the Women’s World Cup final, saying it was not like he murdered someone or burnt down a school....
Starfield: 44 CPU Benchmark, Intel vs. AMD, Ultra, High, Medium & Memory Scaling (www.youtube.com)
This time we're looking at CPU performance across 44 different...
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Should the United States move Labor Day back to May 1st like the rest of the world?
Apple faces renewed pressure to protect child safety: ‘Child sexual abuse is stored on iCloud. Apple allows it.’ (9to5mac.com)
Ideas for programming rizz? (i.imgur.com)
After nearly 30 years, Pennsylvania will end state funding for anti-abortion counseling centers (apnews.com)
Pennsylvania plans to end on Dec. 31 its longstanding contract with the nonprofit Real Alternatives, the first organization in the nation to secure significant state and federal subsidies to support anti-abortion counseling centers. Under the program, Real Alternatives distributed the state and federal funds to dozens of...
This Texas town has about 250 people. It has 50 sworn police officers. (www.khou.com)
KHOU 11 Investigates discovered more than half of the cops in the Coffee City Police Department had been suspended, demoted or fired from their previous jobs....
Its been an interesting morning (reddthat.com)
It was to talk about “team restructuring”
Has YouTube Blocked Your Adblocker Yet?? (strawpoll.com)
UPDATE 2It seems that starting today, uBlock Origin is working to combat this Youtube Block. Mine started working again! Lets all thank the devs of UBO for fighting this fight!...
UNC-Chapel Hill faculty member killed in shooting that sent campus into lockdown (www.nbcnews.com)
A University of North Carolina-Chapel Hill faculty member was killed Monday in a shooting that prompted a campuswide lockdown while officials searched for an “armed and dangerous person,” university officials said....
Everybody loves 3d programming till they have to sort the world traingles based the MVP matrix. (lemmy.ml)
Image of character from Team Fortress 2 saying “I fear no man” labelled Opengl Programmers “But that thing…” Tranparency “It scares me.”