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The projected budget deficits would boost federal debt to 104% of GDP in 2021, to 107% of GDP (the highest amount in the nation’s history) in 2023, and to 195% of GDP by 2050.”. Planning ahead for that environment is critically important as market contractions will reduce spreads as well as volume.
billion of new commercial real estate construction contracts in 2021. By 2050, the population of Central Ohio is expected to grow by more than 500,000 — possibly by 1 million (potentially nearing 3 million people)! Job growth in Columbus has increased by 2.2%. Central Ohio had over $5.8 DHL Supply Chain, Vertiv Co., Express, Inc.,
more people – or another two Seattles – in our region by 2050.Even Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales.
A climate-risk assessment published by the Risky Business Project estimated that between $66B and $160B worth of real estate will be below sea level by 2050. Homes going under contract were off 4.0% (2705) from June and 30% YoY in King, while the number of sales for July was 19% lower (2535) than a month ago and off 37% YoY across the county.
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