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Renting also has become a way for low- and moderate-income Americans to avoid the traps of subprime mortgages, Parsons, the economist, said. At the same time, mortgage delinquency rates for low-income Americans have been increasing over the past few years due to growing unemployment and higher home prices, according to the New York Federal Reserve.
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More than 3,200 Australians over 23 commercial flights have returned to Australia since the US and Israel attacked Iran, setting off a regional conflict and grounding thousands of international flights.
As the fighting rages on and continues to rattle global markets, Iran’s state media has said that the country’s next supreme leader — who succeeds Ayatollah Ali Khamenei after he was killed in Israeli strikes on Feb. 28 — has been chosen and will be announced soon.