Fueled by once-low rates, more older Americans have mortgage debt, according to new research. But the downsides can be significant, some experts say.
Tag: Income
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New York’s Millionaire Class Is Growing. Other People Are Leaving.
Despite an exodus earlier in the pandemic, New York’s millionaires are increasing in number, according to a new report, raising questions about the state’s tax policies.
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Los Angeles Will Offer More Energy Incentives to Low-Income Residents
A new study by the city’s utility and other researchers found that lower-income residents cannot afford electric vehicles and clean energy.
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What Long-Term Care Looks Like Around the World
Most countries spend more than the United States on care, but middle class and affluent people still bear a substantial portion of the costs.