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Economists are split on whether there will be a recession in the next few years.Many of them say if there is one, it won't be driven by the housing market like last time.However, the housing market still plays a key role in a healthy economy, so experts are watching a few things closely, including supply and demand and home values.Experts predict older Americans will flood the market by putting 21 million homes up for sale over the next 20 years.But some economists say market forces could decimate demand by then.And with low demand, sellers will be forced to lower their prices in order to sell.Experts say the whole process could create a housing bubble, and then, burst it.Experts are also watching subprime lending. That’s when lenders let people with bad credit borrow money.Critics argue those loans are more likely to go into default, especially if there’s any hiccup in the economy.Subprime lending is much lower today than it was before the last housing crisis, but some experts say those rates are still too high.Experts do say new lending standards could prevent mortgages that helped create the crisis. 1131
Check out this damage in Oakwood in SE Cuyahoga county from this afternoon as a tornado warned storm moved over the area. The storm quickly started showing signs of rotation and then weakened before getting stronger again over Trumbull county. 256

Estevan Almanza has worked in the construction industry for nearly a decade, with his pay increasing from to 22 an hour.Over the past few years, he’s seen this industry struggle to find qualified workers. That has been putting extra stress on him and his crew.“A lot of work on us,” Almanza said. “It’s more tiring, but I guess more hours.”And now, it's more concerning because the impact of this labor shortage is being felt across the country.Associated Builders and Contractors projects the construction industry will need nearly half a million more workers in 2020 and an additional 740,000 more in 2021.This shortage of construction workers could end up costing you.“The laborers, they affect everybody’s lives,” said Zsuzsa Balogh, Ph.D., the program coordinator in the Department of Civil Engineering Technology at Metropolitan State University of Denver.She says the reasons for the shortage range from retirement to construction workers retraining themselves for other industries.With less skilled laborers and more of the qualified workers clocking overtime, Balogh believes that extra cost is passed on to consumers.“You can see the increase of the cost,” she said. “Basically, somewhere that money has to show, and the consumers will be the ones to pay that extra money.”In an attempt to help attract more skilled workers, some contractors are offering improved incentives like health care, 401k options and yearly raises.“It’s as bad as we’ve ever seen,” said Todd Smith, vice president of operations for Lawrence Construction Company. “Very few people are going into this industry.” Smith says this shortage of skilled workers is creating a timeline of concern.“Right now, we’ve had ads out for certain positions for six months and haven’t gotten any responses yet,” he said. Smith believes in addition to the spike in retirements, there’s also fewer construction workers because there’s less vocational training available.“We’ve pushed all of our young people into college which college is great for some people for some people but not for everyone,” Smith said.As companies like Lawrence Construction continue to struggle to find staff, bids keep getting higher.“It’s going to be driving the prices up, because it’s now with the labor shortage, now the people can demand a higher pay,” Smith said.Though construction is hard work, Smith says its can also be very rewarding.“You can drive down a stretch of road and tell you family, ‘I worked on this job’” he said. “And you can do that for many years to come.” 2543
DALLAS, Texas – Brandt Jean, the brother of the Botham Jean, whom Amber Guyger shot and killed last year, told the former Dallas police officer he forgives her and didn't want her to go to prison.After giving his victim impact statement, Brandt went over to Guyger and the two hugged as Guyger bawled."I love you as a person and I don't want to wish anything bad on you," Jean said before they hugged for nearly 30 seconds.A Texas jury found Guyger guilty of murder in Botham’s 2018 killing. Guyger faced between five years and life for the shooting, but jurors ultimately gave her a 10-year sentence on Wednesday.Guyger was found guilty despite the ex-officer’s defense that she mistakenly walked into the wrong apartment and opened fire because she thought Jean was an intruder.Guyger was actually at the apartment directly above hers, which belonged to the 872
Facebook doesn't fact check what politicians say on the social media site, even if the statements are false, according to Nick Clegg, the vice president of global affairs and communications for the company.In 221
来源:资阳报