Wealth & Poverty Review | Page 3

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Show a visual representation of the time value of money concept, perhaps with an hourglass symbolizing the passage of time and its effect on the value of money.
Image Credit: PT - Adobe Stock

The Right Question Is How Much Time Does It Cost?

One of the reasons we love money is that it makes trading easier. Everyone will take money in a trade. Much harder to trade for shoes or bread or economics lessons. Pricing things in dollars and cents gives us a quick way to calculate how products relate to each other. But money has a fundamental problem. Read More ›
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Star of Jesus with rays of light. Christmas star of the Nativity of Bethlehem, Nativity of Jesus Christ. Background of the beautiful starry sky and bright star.
Image Credit: assistant - Adobe Stock

Why Christmas Remains the Greatest Story of All Time

Across cultures throughout human history, people have sought to flee oppression and escape persecution. A recurring theme in Western classical literature and in modern classics such as Superman and Disney originals, which revolve around the struggle between good and evil, is the need and critical role for a rescuer or savior. Read More ›
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As Region Faces Shortage, Seattle Needs to Preserve its Existing Housing 

According to a 2024 report on housing production from Up For Growth, the metro area encompassing Seattle, Tacoma, and Bellevue is facing a shortage of 71,060 homes. That amounts to 4.2% of the region’s total housing stock. While the production of new homes is vital to closing the gap between supply and demand, so is the preservation of existing housing, especially affordable housing. A recent op-ed in the Seattle Times called on Seattle Mayor Bruce Harrell to suspend the city’s winter eviction moratorium, a law that halts evictions for the nonpayment of rent from December through March every year. The article is authored by Sharon Lee, executive Director of the Low Income Housing Institute (LIHI), and Emily Thompson, a partner at GMD Development. LIHI Read More ›

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A Majority of Americans Say They Favor Rent Caps, but the Results Say They Shouldn’t

According to a recent survey commissioned by Redfin Real Estate, the majority of U.S. residents are in favor of caps on rent increases. When presented with the statement, “there should be caps on the amount landlords are allowed to increase rent,” 82% of respondents agreed. This significant majority holds regardless of political party or homeownership, though Democrats and renters were about 7% more likely to favor rent caps than Republicans or homeowners. What are “rent caps”? A more familiar term for the government regulation of rent increases is “rent control.” According to the National Apartment Association (NAA), only seven states, in addition to the District of Columbia, have enacted rent control policies locally or statewide. Interestingly, an online poll from the NAA revealed that respondents living Read More ›

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Time is money
Image Credit: Artem Malov - Adobe Stock

Time Equality is Rapidly Increasing

Jordan Peterson’s Rule No. 4 says you should “Compare yourself to who you were yesterday, not to who someone else is today.” Since we each get exactly 24 hours in a day and no one can buy time (otherwise rich people would never die), isn’t it better to compare differences in how we spend our time? Read More ›
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Squatter Steve Hickey Facing Eviction and Corruption Investigation

Earlier this year, social media influencer Steve Hickey tried to portray himself as a victim after Tyler Oliveira and I exposed his egregious squatting and construction hustles. Even though we brought receipts, Hickey denied the allegations and also tried to discredit us along the way. This month, a King County judge determined the evidence shows he has no right to the Ravensdale house and must now vacate the property. Read More ›
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Squatter Steve Hickey Files Appeal in Attempt to Stay in Million-Dollar Home

As expected, criminal squatter Steve Hickey has filed an appeal and still believes Katrina Freitag’s Ravensdale house belongs to him. A judge ruled this week that Hickey must vacate the property. But instead of leaving with dignity and class, he’s digging in his heels and trying to make a mockery of Washington’s judicial system. Read More ›
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Steve Hickey Stripped of Duties as Volunteer Firefighter

Steve Hickey was stripped of his duties as a Ravensdale volunteer firefighter. It seems like controversy always follows this guy. But he still remains a Commissioner since it’s an elected position. Regardless, Hickey is now being pressured to quit. The findings from an independent investigation into Hickey were supposed to be released this month but it’s now been delayed. Unclear why. The next Ravensdale Fire board meeting is December 10.