Rent Vs. Buy: 3 Questions for Boomer Buyers
Washington — Baby boomers have become one of the major drivers of rental demand over the past decade, according to a study by Harvard University’s Joint Center for Housing Studies. Other research finds that boomers accounted for twice the growth in renter households as millennials did since the recession — and their ranks will only grow as more boomers reach retirement age. But is renting in retirement a smart financial decision?...
Europe Makes It Tougher For the Fed To Raise Rates
Europe is going to have zero interest rates for a lot longer, and that is going to make it harder for the United States to stop having them itself. On Thursday, the European Central Bank all-but-announced it’s about to start doing more to keep its nascent recovery from not being one at all. That could mean buying bonds with newly printed money not just until September 2016, like it has said, but well past it. Or it could mean buying...
