a Better Bubble™

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A reporter ID’d 100 St. Louis homes with dead owners. There are likely thousands more

2 years 6 months ago
St. Louis is littered with ‘tangled titles.’ The term describes what happens when a person dies without leaving a will or estate plan to define the ownership of their home. St. Louis Magazine senior editor Nick Phillips investigated how tangled titles became common, how they affect Black neighborhoods, block the transfer of intergenerational wealth, and lead to vacancy.

I’m OK, you’re not

2 years 6 months ago
Paul Krugman posted this chart today from the Fed's annual survey of economic well-being: There are two interesting things here. First, if you look at the top line it's nearly flat. This is people reporting on their own finances, and COVID-19 had almost no effect at all. None. There's even a slight uptick in 2021, ...continue reading "I’m OK, you’re not"
Kevin Drum