A hedge fund they ride the wave for as long as that thing lasts and they transition on to the next place but then this next map here the darker concentrated color areas are folks aged thirty five to sixty four just under retirement age who only their home they live in you know that that house they stay put as you can see the midwest once again shows where folks tend to plant their roots theyre a little more mature theyre a little older theyre stable they stay put places along the west coast skew noticeably younger and may not necessarily own the properties that they live in but you can you can bet its probably expensive place part but across the board ownership still down renting is on the rise this is both in part to not yet seen a full recovery after the housing bubble burst of two thousand and eight as well as changing attitudes towards ownership and renting and once again i think it speaks to a shift in what peoples jobs are like these days versus what they were ten years ago peoples jobs have. Become more mobile theres a big increase in telework and while the popular idea is that millennia are driving this trend of renting you would be rolling millenniums have actually come of age into their thirtys theyre buying their homes theyre moving to the burbs theyre buying Single Family houses they were responsible for thirty three percent of total sales last year meanwhile boomers were the ones driving up the rental market and looking for new places to live moving along houses still preferred the preferred by americans going out to subdivisions so they commie as you know fairly doing well housing has stabilized but a lot has changed in america and their attitudes have changed about where you live unbelievable information thats great but were talk about it more but first lets go to toronto to alex manila bitch and get more not just on canada but on mexico. Interesting assignment canada and mexico a thing you didnt know before i was also a Real Estate Agent at one point i got my license when i was eighteen so this is a very interesting topic for me Canada Canada a when you look at its a huge country and because of that were talking with the demographics when you break it down the types of homes that people live in fifty four percent of homes are actually detached home so thats about what i was talking about as people in the burbs etc and im going to be a little bit of a breakdown of how what it really looks like though the whole sort of demographics of the country saw as about fifty three percent i should say single detached homes thats a big drop actually feel theres been a decline in the past thirty years just a couple years ago back in two thousand and eleven was about fifty five percent apartment buildings were to about four stories or less eighteen percent of the population lives their apartment buildings five stories or more which are the high rises nine point nine percent and the duplex is twelve point nine percent other sixteen point two percent now the highest number of apartment dwellers we have in this country happen to be in trouble that would be the five or more stories that three out of ten people in montreal the demographics have a bigger florida tent but were talking about low rises there so the smaller type of building if you ever been to montreal its not necessarily the most sprawling up city is more sprawled out its kind of like toronto actually another breakdown here which i find very very interesting is the percentage of income spent on homes these numbers are from august two thousand and seventeen so the average pretax income of canadian spending on houses is forty five point nine percent they are seventy nine point seven percent thats a whopping amount of your income toronto seventy two percent in st john not st johns two different cities st john you brunswick twenty six percent so look the average prices that were looking at the homes in american dollars eight hundred fifty five thousand for vancouver all the way down to one hundred forty three thousand a month and you can see theres a massive difference this december two thousand and seventeen numbers a very current mexico whole different ballgame when it comes to mexico were talking about Seventy Eight point eight percent of the population living in urban areas which is pretty astonishing when you have a. Hundred twenty Million People living in your country and according to the o. E. C. D. Eighty four percent of mexicans are in highly urbanized areas thats one hundred thousand plus people in those areas twenty one percent of the annual income though is spent on housing which is very low mexicans and a great number of them build their own houses they inherit homes and the whole thing is its not like apartments like what we see in the states or canada theres a lot less of that and can coon believe it or not is number one when it comes to high prices they are skyrocketing in that city. Unbelievable r. T. Correspondent alex behala bitch thank you so much we need to unpack that in our minds a little bit over the weekend we now take a super quick break but stick around for more on Global Housing for our special here and the economics of sports in the super bowl will discuss and as we go to the numbers this was as danielle was speaking with me earlier about a really bad week for britney Global Stock Markets for the dow index and the s. And p. It was the worst week in two years. Max keyser financial Survival Guide liquid assets those that you can burn in zigzags quite easily. To keep in mind no assets i mean to a place in the last record. Hey everybody im stephen ball. Hollywood guy you know suspect every proud american first of all im just george bush and our deal to say this is my buddy max famous financial guru just a little bit different. In your windows up with all the drama happening in our country im shooting the brood have some fun every day americans. All over. The store to bridge the gap this is the Great American to. This digital bundle of joy he would have lived chose of civilizing in the one mother this can only read one come at a time but usually Good Business to. China puts a lot of effort into making up for this cruel mistake of nature. It was. Chinas penned the breathing has become something of a production line. Its almost as though theyve been copied three d. Printed and put on shows for the public and. Several come here each year. But only left by dedicated scientists will be for nothing if and of cant be encouraged in captivity its not as though they dont practice a tool but in the same lazy way they do Everything Else this proud to twins and has no idea that a special love potion was formulated just for the. Own appetite i mean for conflict is very very low these days and publics are much more eager to see economic improvement than they are to. Actually get into a fight with a neighbor or or with other powers in the world. We continue with us question report on Global Housing for more on europe and Africa Natasha suite reports the european economy is improving as a whole and as you mentioned is responsible for the spike in Consumer Confidence were seeing particularly in the house in spectrum now as it stands right now europeans spend roughly forty percent of their income on housing the highest percentage is in spain and the United Kingdom roughly spending fifty percent and the lowest is in switzerland and slovakia thirty percent the most common form of housing is flats of course. Of the European Commission about forty two percent of people live in flats twenty four percent live in semi detached houses and one third lives in detached homes now if you want to buy property in the most expensive areas in europe paris real estate will give you the romantic setting you are looking for coming in as one of the top cities in europe and if you want to view of the alps it will cost you geneva seconds london comes in at number one with one Million Dollars only given you about two hundred seventy square feet now in africa the real estate sector is continuing to develop Subsaharan Africa is experiencing a surge in population growth more so than any other global region and there is a growing recognition that the regions main cities are not properly equipped for modern warehousing space so the urbanization of the area is also driving real estate according to the new world wealth cape town in south africa is still the most expensive city in africa to buy prime real estate with the exception of cape town south africa remains the least expensive country to live not only in africa but the entire world globally its the largest producer of gold and platinum the second most affordable country in africa followed by algeria and tunisia so the obvious trend here is the Housing Market is heavily influenced by a countrys economy and when things are booming people are shopping and that includes housing but investors say uncertainty with things like bricks that could change everything in los angeles and hottest tweets r. T. And ill go global we cant go global with that talk about asia and oceania so lets go to our chief correspondent david miller for that. The most expensive cities in the world are found in Asia Hong Kong and tokyo known for their extremely high cost of living rank first and second respectively in the top twenty cities in the world where you will pay the highest rent in beijing and shanghai to the countries of largest markets and other megacities home sellers have stalled and prices have dropped fallen slightly in some pockets and dramatically in others it is interesting to note that from the twenty cities ranked seven are asian hong kong with rent prices ranging on average between two thousand u. S. Dollars and five thousand per month and tokyo with a strong yen are followed by shanghai osaka mumbai beijing so enjoy a card and changes in global liquidity conditions and new american policies being pushed by President Trump are concerning trade and are likely to send asias Housing Markets on a roller coaster ride feeling pressure to keep up with Interest Rate hikes in the advanced economies in the meantime cindy takes a sixteenth position with rents starting from two thousand to near four thousand all depending on luxury and asia where five hundred Million People live in slums the region has the highest growth rate and the United Nations projections are that asias population will top five billion by two thousand and fifty and population is a very important determinant of Housing Demand it is projected that the population of the philippines will grow from ninety four million from two thousand and eleven to one hundred nine million in two thousand and twenty and further increases in two thousand and thirty reporting for us david miller r t america arent we all so lets bring it back here to the us in your coverage of this which is just unbelievable all the data in the graphs thank you for doing it whats the most expensive place on one of the coast i give you top three San Francisco new york d. C. So arm and a leg so could you lose it here. In d. C. In looking at all this data which youve been poring over for days you know what is it the most surprised you anything i think i think a lot of people im not surprised i think a lot of people are going to be surprised to learn that more than one and five home sales right now are driven by single women unmarried its not like the woman on the loan and the husband isnt single women are driving Home Ownership one in five of them are bought by single women twice as many unmarried women are buying homes than are men and single women make up more than one third of the real estate growth since one thousand nine hundred four so take that very aggressive think you know and thank you to our t. V. Correspondents and now we take a look at the economics of sports and of course as we head into the big weekend super bowl fifty two according to a recent report globally the most valuable sports team in two thousand and seventeen were surprisingly found playing in american football leagues baseball basketball and of course the most popular sport in the world soccer we are joined now by Victor Matheson who is a professor of economics and a county at holy cross professor thank you so much for being with us can you provide us with an overall economics of sports around the globe by sport well so theres no question that the most valuable league in the world either in total revenue or revenue per team is the n. F. L. Here in the United States thats followed by the n. B. A. Major League Baseball a couple others you have to get down a little way above ways before you find some of the european soccer leagues however when you total it up across sports across all of the entire world theres no question that soccer comes out on top all right now this is Super Bowl Weekend so we talk about football where was football in the perspective in the u. S. Versus the other sports. So without question again n. F. L. Is the king of the fear the super bowl is going to attract maybe one hundred ten or one hundred twenty Million Viewers thats as many viewers as watched the n. B. A. Finals last year but of course the n. B. A. Finals went six games so five games last year the the world series went six games again roughly the same number of you or so the super bowl attracts an audience two or three times higher than any other single sporting event in the United States at least ok and lets talk about the economics of what they are generated in the various areas around the super bowl we know about the commercials but what else is there the merchandising etc but first talk about the commercials if you might professor so were looking at about five Million Dollars for a thirty second slot in a typical game you might get as many as one hundred commercials during the super bowl so youre looking at maybe as much as five hundred Million Dollars of revenue being generated there add on top of that an entire stadium of seventy thousand fans each paying a minimum of a thousand bucks so youre looking in the seventy two well over one hundred Million Dollars there plus the n. F. L. Tries to get money anywhere they can and it fell experience parking concessions its definitely going to be a good week for the n. F. L. Boy if youre one if youre one of if youre one of those you know folks who invest in a commercial you really got to be hoping that its going to pay off with increased revenues that there could be some big losers out there i imagine how much does it cost to broadcast the game. So the broadcast costs obviously are fairly low you know weve got a lot of good built in infrastructure for that so n. B. C. Isnt out a whole lot of extra money obviously this is a game where you have multiple cameras in the you bring the best possible crews you can but obviously its all worth it with the amount theyre selling there now of course you bring up a great point with the advertisers boy this is not a place to to not bring your a game because its a huge gamble at five million bucks tell me you cant let you go without asking you this what happens to all the merchandise professor that is printed with its incorrect because that team lost the super bowl so my understanding is sometimes its destroyed other times its donated to charity most of the time with t. Shirts like that charities will collect those t. Shirts ship them abroad so you know dont be surprised if youre on the streets of zimbabwe some day and you see an Atlanta Falcons two thousand and seventeen super bowl fan or super bowl super bowl champs thats where that ends up or you or you might see it on e bay perfect professor Victor Matheson from holy cross thank you very much enjoy the game thanks for having me. And thats a rap for todays broadcast be sure to catch boom bust on Youtube Youtube dot com slash boom bust r t c n x time. That you criminalist released by the white house to and shaming into an institution those included on the list are accused simply by association. Being from russia or is no one accepted cools for suspicion so doesnt criminalist really changes. Across europe municipalities are taking their water supply back from private companies to meet people this is the simple song alone even cycling that he gets from elsewhere they invite private companies to take over the utilities anybody tell us theyre all full of. Miss you guys who got on the back of my because. Ive been this is a map of us to quote them out of it somewhere you know and of the left over a lot of locals are ready to stand up for the basic human right of access to water its about water but its also over much more than water its about the hurt and the redistribution of our west birds and their date down towards the one of. Breaking news this hour a rebel group a russian fighter jet in the northwest of syria executes the pilot. I think its terrible you want to know the truth i think its a disgrace lot of people should be ashamed of themselves and much worse than a newly released Republican Party memo claims the f. B. I. And u. S. Justice department abused their surveillance powers as the Investigative Team and twenty six. Of the rally in support of refugees in the german city of cults were held alongside a. Migrant protest. From moscow to the world this is R T International my names you know nato welcome to the program our breaking news this hour Russias Defense Ministry sa