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Next or Cincinnati has more on that.
From our newsroom hi Lauren hi -- everybody wants.
Know -- city across the country and many of them.
Have unfunded and underfunded pension liabilities who's going to be next Moody's recently downgrading -- Chicago.
And Cincinnati their credit ratings and Chicago's case.
By three not -- it's here's some other cities that there watching Minneapolis Portland -- -- Santa Fe, New Mexico.
A study by Pew Research Center says that it's not just the pension liabilities that are under funded and unfunded but it's the retiree health care costs more than a hundred billion dollars.
Unfunded there are so many cities watching this case and to try to see if -- now more governments local governments are gonna say it's easier for us to get rid of our obligations and our promises.
To those retired workers and instead just filed chapter nine bankruptcy reorganization.
And Lauren and we keep hearing about this housing recovery but has yet affecting first time home buyers together not as big of a part of that house and recovery as they have been in recent years.
So in the month of June 1 time home -- -- typically folks in there twenties and thirties they made up 29%.
Of all home sales in the month of June down from.
At the same time last year but if you look over the past thirty years the number was more like forty.
-- you want those first time homebuyers to continue jumping in and not be.
Detracted by higher interest rates right mortgage rates in the thirty -- they keep rising up a full percentage point.
From the -- -- Back to you --
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