Lack of workable cities offering jobs with affordable accommodations is forcing people to stay further away from their places of work, leading to ever-increasing commute time.
While the chart only shows US data, it is a far major problem in developing countries. Governments need to spend on infrastructure but can it be done with so much of debt hanging already?


Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review
Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty
Bessent Says U.S. Must Strengthen Supply Chains and Economic Security
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery
Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook
Japan, U.S. Discuss Yen Weakness as Currency Intervention Concerns Grow
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum




