High demand combined with a shortage of available housing has pushed up prices an average of 19% over the past year. According to the Motley Fool, we may see housing prices begin to cool as potential home buyers’ ability to buy is hampered by a combination of higher interest rates and gas prices and the inflation-driven rise in the cost of living. Despite the fact that many people can work from home to offset commuting costs, the Motley Fool suggests it’s likely we’ll see a direct correlation between the rising cost of living and lower housing demand.
25 YEARS OF NEWS AND CARTOONS
For nearly a quarter of a century, neither snow nor rain nor heat nor gloom of night has stopped us from delivering our monthly news. Our aim has always been to provide interesting and useful information—and to poke a little fun at engineers, architects, builders, and others in the construction industry. We’re very serious about our work and the projects that are entrusted to our care, but we’ve never seen a reason why we can’t also have fun while we’re at it. Apparently, we’re not the only ones who feel that way since the cartoon is always the most popular part of our news. Above is one of the very first Right Brain cartoons. (In case you didn’t know, Red Head is a brand of mechanical anchor used to fasten things like steel beams to concrete.) Past editions of our news can be searched on our website, and past Right Brain cartoons can be searched here.