Not exact matches
Staten Island's key industries —
local - market sectors like health, education and retail trade — tend to be
less susceptible to sharp economic downturns than more cyclical sectors, like manufacturing, construction and
finance.
It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax
financed, single payer system that pays providers more or
less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the
local economy.
Local councils have even
less control over their
finances than they did previously.»
With
local finances continuing to suffer years after the collapse, there is
less money for school funding in general, and facilities upgrades in particular.
In my
local Florida market, they won't
finance anything
less than a $ 50k purchase.
«Due to its decentralized nature, [blockchain technology] can be useful for
local communities, helping them to have more independent
finance with
less control.»
Commercial real estate players interested in New York City need to look more closely at the
less obvious sources of
financing, not just smaller
local originators like Dime, but also regional lenders from outside of New York City.