Assorted Links Friday
Could the global home price boom haunt COVID recovery, what's up with the "parking lot" off the coast near California's ports, and more.
The decline of young people in America: LA County alone lost three-quarters of a million people ages 0-24.
Mailing record players to site selectors:
Earlier this year, Grady Fitzpatrick came into work with a big idea: just because concerts weren’t happening in New Orleans, it didn’t mean that people who live around the country couldn’t enjoy our music. So we put together a custom turntable with a GNO, Inc. logo on the outside, a famous quote about the city mounted on the inside, and a custom slipmat to remind them where it all came from.
Is there really a truck driver shortage? The real problem is not a shortage but retention. According to ATA’s statistics, the average annual turnover rate for long-haul truckers at big trucking companies has been greater than 90% for decades. If a company has 10 truckers, nine will be gone within a year because so many new drivers leave within a few months.
The global house price boom could haunt the recovery from Covid: House prices around the world have rallied through the economic turmoil. Growing leverage and decreasing affordability raise both financial and political risks.
Peak shipping season is coming soon — and the “parking lot” of container ships stuck at anchor off the coast of California is still there, with Oakland surpassing Los Angeles/Long Beach as the epicenter of congestion.
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