The rise of ultraHD TVs, password keys, and Millennial debt
Having finally caught up to the 21st century with a plasma tv (or is that still 1990s?), I now see that the latest and greatest is Ultra HD (sometimes called 4K) sets from all the usual suspects. They were the stars of the just-concluded Consumer Electronics Show in Las Vegas. Before you start hyperventilating that you will need to start saving now for your new $20,000 set, Engadget talks us off the ledge. A lot of things are going to have to happen before these become even remotely popular. Best guess: not until after 2016 Olympic Games.
Managing passwords is a constant battle. Make them all the same and one hack and your life is wiped out. Make them all different and good luck remembering even a few of them. There are some doable fixes like 1password, but they aren’t for everyone. Google is working on another option, trying to develop a password token that slides into a USB port or even a ring that transmits your information wirelessly at short range. While for now these fixes are only good on google browsers and sites, Google is talking of trying to develop an independent standard that might find acceptance across the industry.
While talk of debt among Millennials tends to focus on college tuition, credit cards are another area of concern, according to Time. A new study out of Ohio State University found that young adults are racking up credit card debt at a more rapid rate than other age groups, and that they’re slower at paying it off.
How well is Microsoft’s new tablet, Surface, doing in terms of sales? Not great….
This will help answer the most pressing question of our time—where are my missing socks? WiseBread helps you locate your lost socks in this helpful article.
Real Estate Groupon, the Recession, and open houses
Online coupons are all the rage. Though I wonder if they’re sustainable, Groupon, LivingSocial, etc. are the hot marketing tip of the moment. Have you thought about using them in your real estate business in some way? Before jumping in, make sure they don’t violate any state laws. The RealTrends blog urges caution when using online coupons.
The Obama administration is ramping up talks on how to revive the housing market, which is weighing on the economic recovery—and possibly the president’s re-election in 2012.
And while the administration and congress are looking for solutions, economists are still looking for the causes of the Great Recession. University of Chicago economist Amir Sufi argues the main factor responsible for both the severity of the recession and the subsequent weakness of the economic recovery is the deplorable condition of the U.S. household balance sheet. The bad news: a quick fix has yet to materialize.
Having a bad turnout at an open house can be disappointing. It can feel like wasted time and money. A down market changes the game when it comes to open houses. It’s time to get creative!