Allison Schrager

Sex workers, studs, surfers, and pensions @portfoliobooks, senior fellow @ManhattanInst, @opinion, @cityJournal

[Allison Schrager @AllisonSchrager]

Now it is really a book!

[Jerusalem @JerusalemDemsas]

" For the first time ever, more people are employed by remodeling companies than by single-family and multifamily developers combined."

https://t.co/B0Qda9AVXn

[Allison Schrager @AllisonSchrager]

@Jesse_Leg well, she may have dated someone who once laughed at a joke Trump made. https://t.co/x6YQn1gxCM

[Hoover Institution @HooverInst]

The 2026 Billionaire Tax Act is presented as a one-time 5% levy to fund healthcare for low-income Californians.

@JoshRauh explains how the proposal would amend the state constitution, allowing future wealth taxes—and not just on billionaires.

Learn more: https://t.co/yf5gJBe51F

[Bloomberg @business]

The 401(k) is one of the great financial inventions of the 20th century, says @allisonschrager, even if its inventor is having second thoughts (via @opinion) https://t.co/bAwIme2MYN

[Bloomberg Opinion @opinion]

The 401(k) is one of the great financial inventions of the 20th century, says @allisonschrager, even if its inventor is having second thoughts https://t.co/6VRjAFStgN

[nick kokonas @nickkokonas]

I downloaded and reviewed NYC's grocery store RFP... as someone who has built biz's and bought a lot of food... wow.

Forget for a moment whether or not the govt should own a grocery store. Let's review the doc instead.

Here you go... /1

[David Crane @DavidGCrane]

Opinion: California’s pension funds are rigged to stick taxpayers with the bill https://t.co/tggmT5kXVn via @sfstandard

[John Stepek @John_Stepek]

Who has the best pension system? Is risk aversion making us unhappy? Is home ownership losing its appeal? I chatted to the excellent @AllisonSchrager for the @MerrynSW Talks Money podcast, about her new book, and the differences between US and UK investors https://t.co/VzT7BfHvQY

[Bloomberg Opinion @opinion]

Mathematics sets a speed limit on how fast an investment portfolio can compound, says Aaron Brown. Ignore it and you guarantee losing everything https://t.co/9vt28SlJ3l

[Fred @ch1vat0n]

NYC's plan for government-run grocery stores reminds @allisonschrager of NYC's rent-stabilization system: an expensive and inefficient way to provide some benefit to a few at the expense of the many https://t.co/ChopWF0d70

[Bloomberg @business]

NYC's plan for government-run grocery stores reminds @allisonschrager of NYC's rent-stabilization system: an expensive and inefficient way to provide some benefit to a few at the expense of the many (via @opinion) https://t.co/EVusHZoOMi

[Bloomberg Opinion @opinion]

NYC's plan for government-run grocery stores reminds @allisonschrager of NYC's rent-stabilization system: an expensive and inefficient way to provide some benefit to a few at the expense of the many https://t.co/NoW0kFgfTl

[WI Conservatives @ConservativesWi]

This column by @AllisonSchrager is thought provoking, and it provoked this thought.
A main issue, maybe the main issue, is the price of buying a house. While incomes are doing quite well, well enough to easily afford the latest knick knacks and doo dads, the biggest of big ticket items are out of reach for so many Americans that the median age of home buying is now 41.
The overall cost of living (which contributes to the issue but is not the primary issue) and inflated lifestyles to some extent, make it much harder to save enough for a down payment and other out-of-pocket costs of home ownership. Even on a comfortable $115,000 salary, saving $30-50 grand is a very long slog, even if you forego frivolous spending.
The cost of rent, which is in the thousands even for a one-bedroom in a rough part of town, siphons away significantly more money than in the past that could be saved. Kids that need childcare and student loans add hundreds or thousands more to the amount you can't put away.
Then, there is the actual mortgage. Here in Madison, WI, the median valued home's monthly cost including taxes etc. would be about $3,500/mo. And real estate at this point doesn't seem like the good investment it has been in the past as the bottom could fall out of inflated prices any moment.
Looking for a "starter" house closer to 250? Act fast, and make sure the locks on your doors work. Trying to find a home in a relatively safe neighborhood should not be reserved for those at the top of Maslow's hierarchy, but it increasingly is.
So yeah. I think the inability to enter homeownership is driving a lot more economic angst for a lot wider segment of society than most other factors.
https://t.co/0whvQDlro5

[Bloomberg Opinion @opinion]

@JonathanJLevin "I'm starting to think that all of this transparency might have undermined [the Fed's] credibility," @AllisonSchrager says.

WATCH LIVE: https://t.co/BVqXpelKFa

[Bloomberg @business]

AI might be different than all other new technologies in the history of humanity. But that seems unlikely, says @allisonschrager (via @opinion) https://t.co/byw8Tn4VSc

[Tony Vidler, ChFC 🇺🇦✡︎ @TonyVidler]

RT @opinion
This is a multi-generational problem that spans income and wealth groups, and it’s getting worse, says
@allisonschrager
Why are Americans so financially illiterate?
https://t.co/LMuBTAUZ3b

[Jesse Arm @Jesse_Leg]

We love New York. We love the free market. And we're very worried.

Vive la résistance.

@nytimes profile of @reihan and the @ManhattanInst:
https://t.co/hXjtpjqrK0

[Bloomberg Opinion @opinion]

It's Fed Day! Could policymakers surprise us with a rate hike?

Tune in today as @JonathanJLevin discusses LIVE with @bobonmarkets and @allisonschrager @ 1:55 pm ET https://t.co/BVqXpelKFa

[Bloomberg Opinion @opinion]

AI might be different than all other new technologies in the history of humanity. But that seems unlikely, says @allisonschrager https://t.co/tdN280oTcX

[Bloomberg Opinion @opinion]

Tomorrow is Fed Day! Could policymakers surprise us with a rate hike?

🎥Tune in Wednesday as @JonathanJLevin discusses LIVE with @bobonmarkets and @allisonschrager @ 1:55 pm ET https://t.co/BVqXpelKFa