The Short Version: Goldman Sachs projects 67% of Trump’s tariff costs land on US consumers alone by July 2026…  and that number has a direct and underappreciated effect on real estate demand Tariffs raised the cost of building a new single-family home by roughly $9,200, which means affordable housing supply tightens further while the demand side stays exactly where it was Charles Schwab’s 2026 market outlook identified a “K-shaped economy”…  and the group that feels financially confident is sitting on a portfolio that’s more fragile than it looks Real estate income streams don’t move with tariff headlines or Fed commentary…  and I explain exactly why that correlation difference matters more than most investors realize I’m a real estate person, not an oil person…  but I invested in Texas oil wells this year anyway, and the reason has everything to do with how inflation treats different types of passive income differently Goldman Sachs ran the numbers on Trump’s tariffs. Their finding: US companies and consumers collectively absorbed 82% of the tariff costs in October 2025. By July 2026, Goldman projects that 67% of the burden falls on consumers alone. That’s not an abstract policy number. That 67% shows up in grocery bills, appliance prices and the monthly squeeze on household budgets that’s been compounding for the better part of three years now. The Institute for Supply Management adds more texture to the picture. US manufacturing activity contracted for nine consecutive months through early 2026. Unemployment sits at a four-year high. Hiring slowed more sharply in 2025 than any year since the Great Recession, excluding the pandemic. Most investors read headlines like this and wonder whether to rebalance their stock portfolio. Here’s why I think passive real estate investors are reading the same headlines and seeing something very different. What Tariffs Actually Do to the Housing Market The conventional fear around tariffs and real estate runs like this: tariffs raise construction costs, higher costs reduce new supply and reduced supply worsens affordability. That chain of logic holds up. Lumber, steel, aluminum and appliances all face import tariffs at various rates. The National Association of Home Builders put the tariff-driven cost increase per new single-family home at roughly $9,200 in early 2026. That doesn’t stop construction entirely. It slows it and shifts the economics toward higher-end builds where margins can absorb the hit. The net effect: affordable and workforce housing supply tightens further while demand stays strong. People who can’t afford to buy keep renting. People who might have bought a $280,000 starter home find it now costs $310,000 and pencils differently at current mortgage rates. They rent instead. That dynamic has been building since 2022. Tariffs accelerate it. The Persistent Renter Reality Here’s the number that matters most for passive real estate investors right now. Median home prices nationally hover near all-time highs around $364,000, according to Zillow data from early 2026. The 30-year fixed rate still sits above 6%. Household income growth

As dining out becomes increasingly expensive in Canada, understanding how restaurant menus influence spending can help you make smarter choices and get more value from the experience.

I used to think that the purpose of budgeting was to get your spending as close as possible to what you predicted you would spend when you set your budget amounts at some earlier point, maybe a month, or even a year, in advance. No wonder so many people hate budgeting! That sounds like an impossible task! Allowing your budget to be flexible is the key to success! It’s okay to pivot mid-month when you […]

One of the issues we frugal people despise is going through buyer’s remorse. We don’t want to feel stupid or ripped off, so we tend to buy fewer things and experiences. Minimalism and early retirement go hand in hand. We’re always looking for a deal, partly to minimize disappointment. And if we can get something […] The post Time Fixes Most Financial Mistakes Because You Grow Richer appeared first on Financial Samurai.

@media only screen and (max-width: 480px) {.mob-stack { display: block !important; width: 100% !important; padding-left: 0 !important; padding-right: 0 !important; }.mob-img { padding-bottom: 15px !important; }.mob-stack img { width: 100% !important; max-width: 100% !important; height: auto !important; }} Sponsored Aim beyond the horizon with our active muni ETFs Navigating today’s complex muni u…

Life with JB Parenting is such a balancing act. I can’t say who was more in the right here, I think it’s probably a percentage of both, but PiC and I had a joking mock-fight this morning over JB. They have a state project right now. They have to write a paper, give an oral presentation, […]

There is a reason you know what to do with money and still struggle to do it. In this episode, I sit down with Rahkim Sabree, financial therapist, accredited financial counselor, and author of Overcoming Financial Trauma, to talk about what is really driving our money behaviors and why the answer goes much deeper than budgets and spreadsheets. After more than a decade in the banking industry, Rahkim walked away from it all to build […]

Welcome To Bankeronwheels.com! This article is FREE — but only for humans. We don’t train future AI overlords 🤖🚫 👉 Log in or register (it’s fast & free): Continue with FacebookContinue with GoogleContinue with X .mh-wrapper{ padding;0px; } .nsl-button{ display: none !important; } .custom-social-buttons { display: flex; justify-content: center; gap: 15px; } .custom-button { padding: 6px 20px; border-radius: 10px; font-size: 16px; font-weight: bold; text-align: center; cursor: pointer; width: 40px; border: 1px solid #ddd; } .custom-google-button { display:flex; background-color: #ffffff; color: #db4437; align-items: center; justify-content: center; } .custom-social-buttons .custom-button { border-radius: 8px; transition: background-color 0.3s ease, transform 0.3s ease; transition-delay: 0.1s; /* Adds a slight delay before the hover effect starts */ } .custom-facebook-button { display:flex; color: #ffffff; align-items: center; justify-content: center; } .custom-twitter-button { display:flex; color: #ffffff; align-items: center; justify-content: center; } .custom-google-button:hover { background-color: #D93F2B; transform: scale(1.05); /* Adds a subtle zoom effect */ } .custom-facebook-button:hover { background-color: #365899; transform: scale(1.05); } .custom-twitter-button:hover { background-color: black; transform: scale(1.05); } .custom-button:hover svg path { fill: #FFFFFF; transition: fill 0.3s ease; transition-delay: 0.15s; /* Icon color change happens slightly after the background */ } .mepr-share-button:hover{ background-color: #bd3d59!important; } jQuery(document).ready(function($) { $(“.custom-google-button”).on(“click”, function() { var $googleButton = $(“.nsl-button.nsl-button-default.nsl-button-google”); if ($googleButton.length) { $googleButton.trigger(“click”); } else { console.error(“Google login button not found.”); } }); $(“.custom-facebook-button”).on(“click”, function() { var $facebookButton = $(“.nsl-button.nsl-button-default.nsl-button-facebook”); if ($facebookButton.length) { $facebookButton.trigger(“click”); } else { console.error(“Facebook login button not found.”); } }); $(“.custom-twitter-button”).on(“click”, function() { var $twitterButton = $(“.nsl-button.nsl-button-default.nsl-button-twitter”); if ($twitterButton.length) { $twitterButton.trigger(“click”); } else { console.error(“Twitter login button not found.”); } }); }); OR