Current:Home > reviewsThe Daily Money: ISO affordable housing -Blueprint Money Mastery
The Daily Money: ISO affordable housing
View
Date:2025-04-17 23:35:38
Good morning! It’s Daniel de Visé with your Daily Money.
Across the globe, Sara Chernikoff reports, people living in major cities are struggling to find affordable housing. A recent report from Chapman University and the Frontier Centre for Public Policy in Canada identified some cities it considers not just unaffordable, but "impossibly unaffordable."
Researchers analyzed incomes and home prices of nearly 100 major cities in eight countries. Within the U.S., San Jose, California, is the least affordable housing market. California is home to four of the 10 least-affordable housing markets in the world, including Los Angeles, San Francisco, and San Diego.
Here are the others.
What if every worker had an IRA?
What if every employee in America were automatically enrolled in an Individual Retirement Account?
In an ongoing study, researchers from Princeton University and the Treasury Department have analyzed just such a scenario.
Their conclusion: Not surprisingly, a national retirement savings plan would substantially raise the nation’s savings rate, especially for low-income workers.
Will there ever be a national retirement plan?
📰 More stories you shouldn't miss 📰
- Why Trump stock is in rally mode
- Car dealer outage motors on
- Disney rethinks ride reservations
- America's top online shops
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
The good news is, inflation has eased over the past year.
The bad news? So has the variable rate on those I bonds you bought back when inflation hit a 40-year high.
The I bonds you purchased in the summer of 2022, which paid a record 9.62% when inflation was soaring, are now paying a lot less.
But with inflation down and interest rates up, thanks to aggressive Federal Reserve rate hikes, you’ve got a lot of options to earn more than those I bonds offer.
Here's what to do.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (4644)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- USA TODAY's NFL Survivor Pool is back: What you need to know to win $5K cash
- Team USA's Tatyana McFadden wins 21st career Paralympic medal
- GoFundMe account created to benefit widow, unborn child of Matthew Gaudreau
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- 4 Las Vegas teens plead guilty in juvenile court in beating death of classmate: Reports
- An inherited IRA can boost your finances, but new IRS rules may mean a tax headache
- Debate Flares Over Texas’ Proposed Oil and Gas Waste Rule
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Steward CEO says he won’t comply with Senate subpoena on hospital closings
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Half a house for half a million dollars: Home crushed by tree hits market near Los Angeles
- Steward CEO says he won’t comply with Senate subpoena on hospital closings
- Donald Trump's Son Barron Trump's College Plans Revealed
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- New Hampshire US House hopefuls offer gun violence solutions in back-to-back debates
- There's no SSI check scheduled for this month: Don't worry, it all comes down to the calendar
- Damar Hamlin is a Bills starter, feels like himself again 20 months after cardiac arrest
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Can the city of Savannah fine or jail people for leaving guns in unlocked cars? A judge weighs in
Families claim Oregon nurse replaced fentanyl drips with tap water in $303 million lawsuit
Teen arraigned on attempted murder in shooting of San Francisco 49ers rookie says he is very sorry
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
California companies wrote their own gig worker law. Now no one is enforcing it
Schools hiring more teachers without traditional training. They hope Texas will pay to prepare them.
What Would Summer House's Jesse Solomon Do on a Date? He Says...