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US Adults Having Roommates Reaches Record 30%

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(Via Zerohedge)

A staggering new analysis from Zillow highlights perfectly the unintended consequences of central banking policies that drive massive asset bubbles but minimal job/wage growth. According to the study, surging home prices and rising rents have now resulted in a record 30% of American adults, up from 21% in 2005, being forced take on roommates just to afford monthly rent payments.

As rent consumes a growing share of household income in many cities, some people must relocate or find ways to offset rising prices. An increasingly popular way to cut costs is by adding a roommate. Nationally, 30 percent of working-age adults—aged 23 to 65—live in doubled-up households, up from a low of 21 percent in 2005 and 23 percent in 1990.

We define a doubled-up household as one in which at least two working-age, unmarried or un-partnered adults live together. For example, a 25-year-old son living with his middle-aged parents would constitute a doubled-up household, as would two 23-year-old roommates who are not partnered to each other. A doubled-up household contains people who might choose to live apart under different circumstances, financial or otherwise.

Not surprisingly, large metropolitan areas like New York, LA, Miami and San Francisco saw the highest percentage of their adult populations doubling up on housing.

Of course, as the following chart illustrates, there is a strong correlation between doubling-up and rent affordability with the most expensive cities seeing more than 40% of their adult residents living with roommates.

“As rents have outpaced incomes, living alone is no longer an option for many working-aged adults,” said Zillow senior economist Aaron Terrazas. “By sharing a home with roommates — or in some cases, with adult parents — working adults are able to afford to live in more desirable neighborhoods without shouldering the full cost alone. But this phenomenon is not limited to expensive cities. The share of adults living with roommates has been on the rise in historically more affordable rental markets as well. Unless current dynamics shift and income growth exceeds rent growth for a sustained period of time, this trend is unlikely to change.”

As we’ve noted frequently, the biggest increases in doubled-up houses has come from the millennial generation as thousands of college seniors, armed with their $250,000 anthropology degrees, are apparently finding it difficult to land their dream jobs after graduation. That said, while millennials have seen the biggest increases, people across the age spectrum have also become increasingly reliant on roommates to meet their monthly rent obligations…

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Military

Lucas Gage Returns to X After Exposing Palestine Atrocities & Ban Over Alleged Harassment

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In today’s digital age, social media platforms serve as vital tools for raising awareness and advocating for causes. However, they also present challenges such as harassment and censorship. Recently, actor and activist Lucas Gage faced these challenges head-on when his X account was suspended for several months following harassment from certain groups unhappy with his efforts to expose war atrocities in Palestine. Now, after a prolonged absence, Gage has returned to X, ready to resume his important work of shedding light on crucial issues.

Lucas Gage, known for his roles in various television shows and films, has also been vocal about social justice issues, particularly regarding the Palestinian cause. His advocacy drew the ire of individuals and groups who disagreed with his stance. Gage utilized his platform on X to spotlight the human rights violations and war atrocities occurring in Palestine, which led to backlash from some pro-Israeli factions.

The backlash against Gage escalated into harassment, predominantly from individuals identifying themselves as Zionists. He faced a barrage of abusive messages, threats, and attempts to undermine his activism. Despite his efforts to report and block the harassers, the situation persisted, taking a toll on Gage’s mental well-being and sense of safety.

In a controversial decision, X suspended Gage’s account, citing violations of its community guidelines. Many criticized X for what they perceived as a failure to address harassment effectively, especially given the circumstances surrounding Gage’s case. The ban sparked debates about freedom of expression, censorship, and the responsibilities of social media platforms in safeguarding users from harassment and abuse.

After a hiatus spanning several months, Lucas Gage has made his comeback to X. His return has been met with an outpouring of support from fellow activists, fans, and individuals concerned about censorship and human rights. Gage expressed gratitude for the overwhelming solidarity he received during his absence and reiterated his dedication to advocating for justice and raising awareness about the plight of the Palestinian people.

The incident involving Lucas Gage underscores the significance of advocacy and the hurdles activists encounter, especially when addressing contentious issues. It also highlights the complexities of navigating social media platforms where differing viewpoints often clash, sometimes resulting in hostility and censorship.

As Gage resumes his activism on X, it is imperative to continue discussions about online harassment, censorship, and the necessity for improved mechanisms to shield users from abuse. Social media companies must reevaluate their policies and enforcement strategies to ensure that platforms remain spaces for constructive dialogue and activism, rather than avenues for harassment and stifling dissenting voices.

Lucas Gage’s return to X serves as a testament to the resilience of individuals committed to social justice causes despite facing obstacles and adversity. His experience sheds light on broader issues surrounding online harassment and censorship, prompting important conversations about the role of social media platforms in shaping public discourse. As Gage continues his advocacy, his story serves as inspiration for others to speak out against injustice and strive for positive change.

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Culture

Rabbi Shmuley Having ‘Nervous Breakdown’ says Alex Jones

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In the whirlwind of social media controversies, few can match the intensity and unpredictability of Alex Jones. Known for his provocative statements and unyielding conspiracy theories, Jones recently took to Twitter to express his disdain for Rabbi Shmuley Boteach’s Purim costume choice.

In a scathing tweet, Jones condemned Rabbi Shmuley’s attire and behavior, accusing him of having a “nervous breakdown.” The rabbi had donned a costume portraying what he termed a “Candace Owens Jew,” accompanied by a bizarre ensemble featuring references to money and a provocative assertion about Jewish identity.

“For Purim I’ve dressed up as a Candace Owens Jew,” Rabbi Shmuley wrote, adding a string of controversial remarks about Jewish stereotypes and dual loyalties. The costume, seemingly intended as a satirical commentary, sparked outrage and criticism from many quarters.

Jones, never one to shy away from confrontation, seized the opportunity to denounce Rabbi Shmuley’s actions. “You go around starting fights with people and then flip out when they respond,” Jones tweeted. He urged the rabbi to seek help for the sake of his family, implying that Rabbi Shmuley’s behavior was symptomatic of a deeper issue.

The exchange between Jones and Rabbi Shmuley highlights the complexities of social media and the power of provocative speech. Both figures are no strangers to controversy, with Jones notorious for his conspiracy-laden rants and Rabbi Shmuley often courting controversy with his outspoken views on various issues.

Purim, a Jewish holiday known for its revelry and merrymaking, is traditionally marked by costume parties and playful satire. However, Rabbi Shmuley’s choice of attire crossed a line for many, tapping into sensitive issues of anti-Semitism and racial stereotypes.

By dressing as a caricatured version of a “Candace Owens Jew,” Rabbi Shmuley waded into dangerous territory, perpetuating harmful stereotypes and reinforcing negative perceptions of Jewish people. His attempt at satire fell flat for many, instead sparking condemnation and outrage.

In response, Alex Jones delivered a blistering rebuke, calling out Rabbi Shmuley’s behavior and urging him to seek help. While Jones himself is no stranger to controversy, his criticism of Rabbi Shmuley’s costume choice underscores the seriousness of the issue at hand.

In an era where social media amplifies voices and magnifies controversies, individuals must exercise caution and responsibility in their online interactions. What may seem like harmless satire to some can perpetuate harmful stereotypes and fuel division.

As the dust settles on this latest social media skirmish, it serves as a reminder of the power of words and the importance of thoughtful discourse. In a world already fraught with tensions and divisions, it is incumbent upon all of us to strive for understanding and empathy, even in the midst of disagreement.

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Business

MAGA: From Shopping Mall to Manufacturing Hub 2.0

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Title: America’s Transition: From Shopping Mall to Manufacturing Hub 2.0

In the past few decades, America has often been described metaphorically as a giant shopping mall or auction house, where consumption and commercialism have dominated the landscape. However, with the rise of the Trump administration and the ambition to “Make America Great Again,” a new vision is emerging—one that aims to transform the nation into the world’s greatest manufacturing hub ever seen, leveraging AI, blue-collar labor, and a combination of innovative technologies.

The shift from a consumer-driven economy to a production powerhouse signifies a strategic move towards self-sufficiency, economic resilience, and global competitiveness. This transformation is not merely about revitalizing industries of the past but embracing cutting-edge technologies and sustainable practices to redefine the future of manufacturing.

At the heart of this evolution lies the integration of artificial intelligence (AI) into manufacturing processes. AI-driven automation streamlines production, enhances efficiency, and reduces costs, enabling American manufacturers to compete on a global scale. By harnessing the power of machine learning and predictive analytics, businesses can optimize supply chains, minimize waste, and customize products to meet diverse consumer demands.

However, the vision for America’s manufacturing renaissance extends beyond technological innovation. It embraces a diverse workforce, blending the traditional blue-collar skillset with the expertise of engineers, data scientists, and software developers. This fusion of talent creates a dynamic ecosystem where creativity, problem-solving, and collaboration drive continuous improvement and sustainable growth.

Moreover, the resurgence of American manufacturing is not confined to a single sector but encompasses a broad spectrum of industries, from automotive and aerospace to electronics and renewable energy. By leveraging cross-disciplinary expertise and fostering strategic partnerships, the United States can position itself as a global leader in advanced manufacturing, setting new standards for quality, innovation, and sustainability.

One of the key strengths of this manufacturing transformation is its adaptability and resilience. In contrast to the volatility of global markets and supply chains, a robust domestic manufacturing base provides stability and security, mitigating risks associated with geopolitical tensions, trade disputes, and natural disasters. By decentralizing production and embracing local sourcing, America can reduce its dependence on foreign imports and safeguard its economic sovereignty.

Furthermore, the transition towards a manufacturing-centric economy aligns with broader societal goals, such as job creation, workforce development, and regional revitalization. By investing in vocational training programs, apprenticeships, and re-skilling initiatives, the United States can empower individuals from diverse backgrounds to thrive in the digital age and secure meaningful employment opportunities in the manufacturing sector.

As America embarks on this journey towards manufacturing excellence, it must also prioritize sustainability and environmental stewardship. By embracing eco-friendly practices, renewable energy sources, and circular economy principles, manufacturers can minimize their carbon footprint, reduce waste generation, and preserve natural resources for future generations.

In essence, the vision of America as the world’s greatest manufacturing hub represents a paradigm shift—one that transcends partisan politics and embraces a collective aspiration for progress, prosperity, and shared prosperity. By harnessing the transformative power of AI, blue-collar ingenuity, and interdisciplinary collaboration, the United States can reclaim its status as an industrial powerhouse and pioneer a new era of manufacturing innovation on the global stage.

As the nation embarks on this ambitious journey, it must remain steadfast in its commitment to inclusivity, sustainability, and technological leadership, ensuring that the benefits of the manufacturing renaissance are felt by all Americans and resonate across borders, shaping a brighter and more prosperous future for generations to come.

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