Real Estate SLOWDOWN in U.S and Australia! Negative Equity Crisis Approaching.

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Negative equity. It’s impossible they say. Will never happen. This time is different. The subprime crisis was an anomaly. It can’t happen to me… famous last w

 

 

U.S. existing home sales fall sharply to three-year low | Reuters

https://www.reuters.com/article/us-usa-economy-housing/us-existing-home-sales-fall-sharply-to-three-year-low-idUSKCN1QA20Z

housing market existing feb 2019.jpg (890×464)

https://www.zerohedge.com/s3/files/inline-images/housing%20market%20existing%20feb%202019.jpg?itok=NxJ8FM_X

Median Home Price.jpg (890×581)

https://www.zerohedge.com/s3/files/inline-images/Median%20Home%20Price.jpg?itok=yo_NPYkX

Housing Dream Turned Nightmare Spurs a Backlash in Australia – BNN Bloomberg

https://www.bnnbloomberg.ca/housing-dream-turned-nightmare-spurs-a-backlash-in-australia-1.1217081

residential-buildings-stand-in-the-green-square-area-of-sydney-australia-on-saturday-jan-12-2019-prices-in-australia-s-biggest-city-have-tumbled-10-percent-and-some-economists-are-tipping-a-similar-fall-this-year-while-the-central-bank-isn-t-panicking-just-yet-a-15-percent-nationwide-drop-in-prices-would-cut-about-a-1-trillion-720-billion-from-the-housing-stock-value-photographer-brendon-thorne-bloomberg.png (620×349)

https://www.bnnbloomberg.ca/polopoly_fs/1.1217082.1550675001!/fileimage/httpImage/image.png_gen/derivatives/landscape_620/residential-buildings-stand-in-the-green-square-area-of-sydney-australia-on-saturday-jan-12-2019-prices-in-australia-s-biggest-city-have-tumbled-10-percent-and-some-economists-are-tipping-a-similar-fall-this-year-while-the-central-bank-isn-t-panicking-just-yet-a-15-percent-nationwide-drop-in-prices-would-cut-about-a-1-trillion-720-billion-from-the-housing-stock-value-photographer-brendon-thorne-bloomberg.png

Screen Shot 2019-02-21 at 8.39.36 AM.png (890×500)

https://www.zerohedge.com/s3/files/inline-images/Screen%20Shot%202019-02-21%20at%208.39.36%20AM.png?itok=SNra4F0v

Global sovereign debt to jump to $50 trillion – S&P Global | Reuters

https://www.reuters.com/article/us-global-debt-s-p/global-sovereign-debt-to-jump-to-50-trillion-sp-global-idUSKCN1QA1L0

SocGen Weighs Thousands of Job Cuts at Investment Bank, Sources Say – BNN Bloomberg

https://www.bnnbloomberg.ca/socgen-weighs-thousands-of-job-cuts-at-investment-bank-sources-say-1.1218343