MOScout Sunday6: DLS - RPP - Starter Homes - Car Trade-ins and more…
1. Fewer starter homes being built – I assume because the margins are lower.
Source: Pew Research.
2. More car trade-ins have negative equity.
Source: Wall Street Journal.
3. But generally US household finances are in OK shape.
Source: Apollo.
4. “It’s common to think about cost of living when thinking about moving to a new city. One way to measure cost of living is through regional price parities (RPP), which are price levels for a region expressed as a percentage of the overall price level for the nation. An RPP of 100 is equal to the national average. In 2022, Missouri had an RPP of 91.119, indicating a cheaper cost of living than the national average.”
Source: St. Louis Federal Reserve.
5. Transparency in Opioid settlement money.
Source: KFF Health News.
6. The state-by-state fight to end Day Light Savings.
Source: Axios.