Hawaii, San Francisco, and New York City have had housing costs far out of line with the rest of the country for as far back as I can remember. Prices have not dropped, especially not because Canadians didn't move there. I still see motor homes that cost more than a house driving down here with Canadian plates, so I think we'll be fine.
Hawaii, San Francisco and NYC are different markets.
Demand currently exceeds supply. We'll be fine.
The number of 401(k) millionaires jumped 27% in 2024, according to Fidelity Investments. Over the course of the year, the number increased to 537,000, up from 422,000 in the prior year. The 401(k) millionaires are on average 59 years old and have been investing in the same plan with the same employer for an average of 26 years, the investment firm said. Source: Morningstar |
I would love to have had the same employer for 26 years.
Why is that?
Because 26 years ago I had an awesome job at a company I loved. Problem was that it got bought by a larger company with a complementary product. Office politics came into play and they put an ******* from the UK office in charge. The company is effectively gone now after another sale to an even larger company who only wanted the complementary product, not the one with the smaller, steady recurring profit.
