The Builders Association of the Twin Cities just published its monthly snap shot.
Builder’s Association of the Twin Cities – November Market Update
December 1, 2009 By Leave a Comment
Feds Low Interest Policy Hurts Savers
December 1, 2009 By Leave a Comment
Mortgaged Future has a good story about the impact low interest rates are having on the economy. They state that about $10 trillion is in either bank CDs or money market accounts earning basically 1% on that money. It wasn’t long ago that the interest rate was 5%. The decline in interest income earned on $10 trillion is $400 billion that those with savings are not earning due to this artificially low interest rate environment.
Big School Districts Lose Students to Open Enrollment – Star Tribune
December 1, 2009 By Leave a Comment
The Star Tribune has a lead story today about the additional challenges many school districts face with open enrollment. Open enrollment has been designed to allow parents choice in the educations of their children. Those tax dollars go to where the child goes to school. The Minneapolis and Anoka-Hennepin districts have been hit particularly hard by this policy of open enrollment.
Districts such as Minnetonka, Wayzata, and Edina have benefited from open enrollment.