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Why Do the Obamas Need a 2,500-Gallon Propane Tank at Their Martha’s Vineyard Estate? It’s Not What You Think

June 24, 2022 by www.sfgate.com Leave a Comment

Recently, a small notice in the local Martha’s Vineyard Times noted that approval had been granted for a “2,500-gallon commercial propane tank” at the address of the vacation home owned by former President Barack Obama and former first lady Michelle Obama . The item set off some powerful reactions among the conspiracy-minded and even had us wondering why the Obamas would need that much gas. The former president's chief antagonists at Fox News even dedicated a segment to the proposed propane purchase with a chyron that expressed possible apocalyptic intentions. However, the reality is far less dire. Here’s what we learned after talking to propane gas experts. Why do the Obamas need a 2,500-gallon propane tank? Actually, they don’t. The permit the Obamas requested is for three separate tanks, not a single massive tank, according to Snopes . This means that for the nearly 30-acre property in Edgartown, MA, those tanks might be spread out and used for more than … [Read more...] about Why Do the Obamas Need a 2,500-Gallon Propane Tank at Their Martha’s Vineyard Estate? It’s Not What You Think

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Staffordville Lake House Known For Its Views On The Market

June 22, 2022 by patch.com Leave a Comment

0 Real Estate A home on Staffordville Lake is for sale. Chris Dehnel , Patch Staff Posted Reply STAFFORD, CT — One of the most stylish homes on Stafforville Lake went on the market Wednesday afternoon. It's know for its views. Several houses have gone on the market at the lake over the past few weeks. See the latest listing from Redfin: Address: 33 Wales Rd, Stafford Springs, CT Price: $564900 Square feet: 1766 Bedrooms: 3 Bathrooms: 2.5 Listing Description: Truly spectacular views from every angle inside and outside of this special home you have to see to believe! This impressive contemporary is perched high on over 2 acres across from Staffordville Lake, resulting in one of a kind expansive views. Enter the spacious tiled mudroom to find a totally updated kitchen with double ovens, tons of cabinet space and an open concept floor plan with new flooring. The living room has a stunning cathedral … [Read more...] about Staffordville Lake House Known For Its Views On The Market

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Older Americans ‘Age In Place,’ Millennials Struggle To Find Homes

January 31, 2022 by patch.com Leave a Comment

0 This post is sponsored and contributed by Personal Finance With more seniors than ever aging in place and choosing not to sell the family home, there is a critical shortage in available properties. Newrez , Brand Partner Posted | Updated Reply (Originally published by Newrez.) With more seniors than ever aging in place and choosing not to sell the family home, an estimated 1.6 million fewer properties are now available in a market already experiencing a critical shortage, according to Freddie Mac. That stay-put trend is crashing into the rising demand for housing from the huge millennial generation: fewer homes for sale will continue to put upward pressure on already overheated home prices. While some homeowners are choosing to age in place, others simply can't afford the high costs of moving. Today's housing market is incredibly pricey, and some can't afford to move into another home, even a smaller … [Read more...] about Older Americans ‘Age In Place,’ Millennials Struggle To Find Homes

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Another recession warning: Falling copper prices

June 24, 2022 by edition.cnn.com Leave a Comment

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link. New York (CNN Business) Some investors look to copper prices as a bellwether for the global economy. If you're one of them, you have good reason to be worried. What's happening: Copper prices hit 16-month lows on Thursday as traders dumped the metal. They've dropped more than 11% in two weeks. "Copper prices are just starting to account for the fact that global growth is slowing," Daniel Ghali, director of commodity strategy at TD Securities, told me. The metal is used in many construction materials, including electrical wires and water pipes. That means it's often viewed as a proxy for economic activity, since demand tends to heat up when the economy is expanding and cool when it's contracting. It's affectionately referred to as "Dr. … [Read more...] about Another recession warning: Falling copper prices

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