Wall Street Unlocks Profits From Distress With Rental Revolution – Bloomberg

English: East entrance of HM Treasury Français...

English: East entrance of HM Treasury Français : Entrée Est de HM Treasury (Photo credit: Wikipedia)

 

This is an amazing story from Bloomberg on what’s happening in the US residential rental market. It’s a MUST READ, in my view. Check it out!

 

via Wall Street Unlocks Profits From Distress With Rental Revolution – Bloomberg.

 

With George Osborne not really caring what economists think of his record, as a political strategist, will he encourage the really big money to investment in the UK residential rental market? What are the implications for the millennials?

 

Any thoughts?

 

 

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Americans With Best Credit in Decades Drive U.S. Economy – Bloomberg

Cover of the "Sonderausgabe" 1934 ed...

Cover of the “Sonderausgabe” 1934 edition of Die protestantische Ethik und der ‘Geist’ des Kapitalismus (Photo credit: Wikipedia)

This is an excellent MUST READ article from Bloomberg. Check it out!

Americans With Best Credit in Decades Drive U.S. Economy – Bloomberg.

This is quite amazing really, given that the 2008  sub-prime crisis triggered the global slowdown.

In Europe, it’s another story for two reasons.

Firstly, the German Protestant Ethic is being promulgated via national austerity policies across Europe.

Secondly, the European banks still haven’t got their act together compared to their competitors in the US.

Any thoughts?

 

 

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