Reuters" is the one who made that statement, and they have a very nice article...I wish I could post the web addresss....but if you pm me...I can forward it to you...you are right on your statement..that people retire where they live..... but I am talking about the % that will not continue to afford living here in the USA....

Hi Joe,According to Reuters, it looks like there may be political factors who see a benefit for themselves in not working to stop the problems. https://www.reuters.com/article/us-minneapolis-police-biden-bail/biden-staff-donate-to-group-that-pays-bail-in-riot-torn-minneapolis-idUSKBN2360SZThe long term effects, it's hard to tell.The short term effects (when its over), we might see revitalization money offered to the commercial neighborhoods that suffered some burning, but if those neighborhoods are in lower socioeconomic areas the offers will probably (as usual) be small and more tied to attracting votes to the offerors than any real needed amount based on an analysis of the area.

Thomson Reuters. ...

I can tell you though it was not as helpful to me as getting on a site like Reuters or Forbes entering the banks ticker symbol & examine the executive staff ie.

"Citing unnamed industry sources, Reuters reported late Thursday that B of A has put out word to institutional investors that it is accepting bids on up to 500 mostly vacant, single-family homes in California, Georgia, Florida and several other states.

- A Short Sale request is to be approved or denied within 10 daysThis is positive news for short sale investors as it shifts emphasis toward short sales, allows a defined marketing time without risk of foreclosure to the borrower, prevents reductions in realtor commissions, drastically shortens time frames, fully discharges borrowers, and apparently allows for submission prior to being in default.Links for related articles from: Reuters: http://tinyurl.com/yk64mbs Yahoo News: http://tinyurl.com/ydm43yg API: http://tinyurl.com/yj35shj

Housing Regulator Targets More Support for Poor Borrowers," Reuters (Aug. 19, 2015)

Considering the rate of sale in March 2014, it would take 4.6 months to clear inventory on the market, down from even the month before (Reuters).

His housing research is often cited in the media at outlets including CNBC, NPR, Reuters, Bloomberg, the Wall Street Journal and the Washington Post.

According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.Thoughts?