Last week in national news, the Tokyo Olympics came to an end, new coronavirus (COVID-19) cases continued to increase, the vaccine debate continued with Mark Cuban weighing on Twitter with math advice, President Biden called on Congress to do something about the looming eviction moratorium, Senate Democrats released a $3.5 billion budget resolution (how anything that gives the Govt. $3.5 trillion includes the word “budget” we’re investigating) and
In real estate news, LGI Homes recently reported that their year-over-year cash-flow increased by 64.5%; Zack’s Equity Research recommended growth investors buy LGI. Plus, many wondering about a real estate correction may be relieved to hear that the supply is low and that it may take a decade to catch up.
The Olympics wrapped up in Tokyo, with the U.S. coming out on top, despite our subpar performances in a few track and field events and Women’s soccer (not that we’re complaining about the soccer thing!). We’re proud of our athletes; check out the complete medal count at Olympics.com.
The government, many media organizations, corporations, and individuals continue to forget their activist history, i.e., “your body your choice,” and demand Americans get the vaccine. Mark Cuban weighed in with some invaluable Math insights we think you should keep in mind.
“So people understand covid math. If 100% of people are Vaxxed, then 100% of cases will be people who are vaxxed. We will have avoided ~95% of cases and 99.99% of deaths. As the % of vaxxed people grows, so will the reports of more vaxxed people getting covid. Don’t be fooled. ( August 8, 2021)”
– Mark Cuban (@mcuban)
Progressive lawmakers urged Biden to do more to extend the moratorium on evictions to October 18th, including eight Democrats claiming,
“Extending the eviction moratorium is a matter of life and death…”
Biden must have taken notes because he bypassed Congress and extended the moratorium for two more months.
LGI Homes was recently recognized as a “growth stock” by Zacks Equity Research for many reasons; year-over-year cash flow growth and projected earnings were two reasons they told their readers to buy this Oklahoma builder’s stock.
Supply and demand typically drive markets, and after several years of solid growth across the nation, some experts are warning homebuyers that a housing correction might be around the corner. They’ve got good reason to do so, but there aren’t enough Americans and home builders selling homes, which is a significant reason why some experts disagree.
