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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 03, 2018
Page
12
The brief notes 1.50 percent change, crude oil index around 1,313.7 with 40.57 percent, and a 60.370 reading. It references a 3-month index trend and an eviction mention, alongside several percentage figures and a final line about evicted.
Washington Post columnist Michelle Singletary challenges readers to view sales skeptically. She cites Jeff Kreisler and Dan Ariely on opportunity costs and price psychology, arguing many so called discounts are not real savings. The piece urges shoppers to focus on needs and future goals rather than chasing sale prices.
Analysts say the new tax bill trimming mortgage interest and property tax deductions will blunt price increases in luxury markets while not causing overall decline. Changes cap mortgage deductions at 750000, cap state and local taxes at 10000, and grandfather loans before December. Realtors and financial planners warn of short term wait and see but note long term gains and housing demand remain strong.
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