SWC’s Fast Five
Housing shortage? Boomers are outspending Millennials. Truck driver shortage? Calling all high schoolers! Organ donor shortage? Amazing breakthrough with our little porker friends. “Everything shortage”? That’s on you and me, pal, we’re spending out of our minds. Car shortage? Yeah, yeah, old news but let’s talk about how your color choice speaks to your soul.
So, here’s this week’s Fast Five:
1 Baby boomers and millennials in heated housing war
A new report by Zillow found that so many Boomers are active in the housing market that it’s become more difficult for Millennials to buy a home. Boomers have more cash on hand to win bidding wars as they take advantage of an appreciating market.
2 High schoolers train to drive 18-wheelers amid truck driver shortage
Experts say the average trucker is 54 years old with the industry short 68,000 drivers needed on the road. A high school in California is now training teens through its truck driving school program. Yikes.
3 America is running out of everything because Americans are buying so much stuff
The inventory to sales ratio isn’t low because the U.S. is short on stuff. It’s low because sales have gone completely nuts.
4 Breakthrough in transplants could be lifeline to 100,000 Americans on waiting lists
For the first time in history, a pig kidney has been transplanted into a human without triggering immediate rejection by the recipient’s immune system. This is a major advance that could eventually help alleviate a dire shortage of human organs for transplant.
5 Car colors as diverse as the people who drive them
Henry Ford famously said of the Model T: “Any customer can have a car painted any color that he wants so long as it is black.” It’s a new day in automotive land as we select from a growing palette of colors to better express ourselves. I see you Lambent Earth.