Income is tilting toward the top end of the scale.

It’s absolutely a real phenomenon. There are a lot of reasons why it’s happening.

When New Hampshire gets the reputation as the retirement capital of the Northeast because of its low tax burden, we’re in really, really big trouble. I have nothing against older people, but we are unbalancing...

An awful lot of people are skittish about the stock market, but real estate, that’s viewed in the general public as a sure thing.

We were surprised at the incidence rate. It was higher than anyone expected.

The danger going forward is that the formerly large middle class is shrinking, and we are depending on a relatively small fraction of affluent households to provide the bulk of future consumer-spending growth.

That enabled people to buy much, much more house than they would have otherwise.

Every buyer that reads that negotiates harder.