RANT: Euphoria in Real Estate and Stocks
This was cropped out of my previous video. Posted it due to popular request! I just went in all directions, just sharing what I was feeling about all this we see today.
This was cropped out of my previous video. Posted it due to popular request! I just went in all directions, just sharing what I was feeling about all this we see today.
Let me know where you live and what people are paying for real estate. In Toronto, it’s ridiculously expensive. Million dollar mortgages are VERY common. Looking at real estate prices in the U.S. and Canada, we can see that is …
Compass makes losing-money-in-real-estate cool, with $800 million in venture capital and a $2.2 billion “valuation.” By John E. McNellis, Principal at McNellis Partners, for The Registry: Does outspending your competition buy you the best talent? Of course. Does it guarantee you the World …
massive gap between stock market & real estate prices — the last time this occured it was Dot Com Bust pic.twitter.com/q9fpLQp6qa — Alastair (@StockBoardAsset) August 22, 2018 $TSLA debt structure is horrendous — Snap! Crackle! Pop! = Bankrupt pic.twitter.com/PRq8JZtQRS — …
Luxury Apartment Sales Plummet In New York As Sellers ‘Capitulate.’ “Sales of luxury apartments that cost $5 million or more in New York City have plummeted more than 31% over the first six months of this year, and sellers are …
by Alexander Trigaux, Editor, GoldSilver Not only is the new real estate hyper-bubble here, but signs abound that it is popping right now: Housing demand sees biggest drop in more than 2 years Housing market has hit a ‘significant slowdown’ …
by Martin Armstrong California has joined the states with not just the highest taxes in America, but it has become one of those states that people are just leaving resulting i9n a net outward-migration. There is a logical consequence when …
via businessinsider: 1. Shorting commodity companies that directly benefit from Chinese demand: BHP Billiton has been thriving on China’s iron ore demand over past few years. Around half of Brazil’s and Australia’s iro ore production have been shipped to China during the …
by Doug Kass Peak Housing, Peak Autos, a Pivot in Monetary Policy Spell Peak Global GDP and an Economic Slowdown in late 2018 and in 2019 Watch the Fixed-Income Markets (and the flattening yield curve) That Are Providing the “Tell” …
via Karoliina Liimatainen The Swiss property market kept cooling in the second quarter, with UBS Group AG’s bubble index reaching its lowest since early 2015. The index slipped to 1, the level that divides the risk zone from the region indicating …
by John Rubino Lynette Zang: Is the real estate bubble popping? … Peter Schiff: Inflation is still rising faster than wages … Elon Musk: Even Hitler is short Tesla … David McAlvany: Happy 10th anniversary QE! …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is so thick it’s hard to believe. It’s far beyond just a Brick & Mortar Meltdown. “I recently sold a small strip center with my last Mattress Firm,” a relieved real estate developer told me …
Blamed: political and economic uncertainty, Brexit, and the very measures designed to tamp down on London’s housing bubble. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Countrywide, the UK’s largest real-estate services group with over 10,000 employees in 900 …
Vancouver is one the the most expensive real estate markets in the world. There has never been a more furious time in history. People literally fighting each other to get a sale. It’s beyond pandemonium. With central banks beginning to …
By Economy and Markets TV Over the past month or so, Harry has been relentlessly giving you coverage on the current state of real estate. He’s looked at the demographic trends that go hand in hand with the current bubble, determining that, …
via marketwatch: So far this year, the 30-year-fixed has averaged 4.43% Rates for home loans surged along with the broader fixed-income market, pressuring mortgage affordability again even as housing market growth falters. The 30-year fixed-rate mortgage averaged 4.60% in the August …
by stockboardasset Last Friday’s report on US economic growth drove President Donald Trump to Twitter for yet, another victory lap after it showed gross domestic product grew at a 4.1 percent annual rate — the quickest in nearly four years. However, …
My friends in Australia, let me know what you see with real estate prices right now. There are only a few bright spots today. Although Australia has done well in the past few years leading up to the financial crisis, …
Two tangible “assets” independent of #dollar value show that despite record high real estate prices (in $USD), when priced in gold, real estate is quite below the mean. How many ounces of gold it requires to buy the median priced …
Although many markets are still rising to new highs, some areas have seen price reductions (From ridiculous highs). Do you think the price drops are the start of a downward trend? In today’s economy, we need real estate to …
One is imaginary, makes people “feel” #wealthy, encourages #debt, and comes crashing to reality when bubbles burst. One is real, makes people actually wealthy, encourages investment and spikes when bubbles burst https://twitter.com/OccupyWisdom/status/1018915633835249665
Do you think the prices are sustainable? The bubble continues to expand. Look around the world, major cities have one thing in common: Prices are astronomical. In the U.S., Canada and anywhere else it’s allowed, people have been using their …
What do you think is the biggest risk right now in Australia? Australia Real Estate Bubble Will Collapse As Housing Price Rise and Unsustainable Debt Levels! Australia has been rather quiet since the Global Financial Crisis. Their activities have …
by Adam Taggart We talk a lot on this site about the wisdom of owning tangible assets. And we’ve decided it’s time to start focusing more intently on educating our readers how to invest in the largest tangible asset market …
by WARREN MOSLER Last month revised a lot lower, and this month weak as well, as inflation-adjusted spending growth remains negative: Note from US Census: Notice: With this release, unadjusted data have been revised back to January 2016 and seasonally …
via CNBC: Manhattan real estate had its worst second quarter since the financial crisis, according to a report from Douglas Elliman and Miller Samuel Real Estate Appraisers and Consultants. Average sales prices fell 5 percent to $2.1 million. Total sales …
What do you think is the best indicator for housing prices? The #1 statistic to determine if real estate is undervalued or overvalued is debatable, but it most certainly should be the average price of a home vs the average …
During an interview Josh Sigurdson and John Sneisen conducted with Robert Kiyosaki of ‘Rich Dad, Poor Dad’, Kiyosaki admitted that he’s actually selling his real estate! With the return of collateralized debt obligations, credit default swaps, mortgage backed securities, reverse …
Josh Sigurdson talks with author and economic analyst John Sneisen from Monument Valley, Arizona about the steadily declining localized real estate markets in Canada as Toronto and Vancouver are met with massive resistance following years of ridiculous rallies. The value …
Do you think real estate prices will rise into 2019? This is a video I’ve been working on for a while. It was long (as usual) but I hope you appreciate it. Just look at where real estate has gone. …