by Boo_Randy Do CA libtards understand that the globalists and their Democrat puppets want to force the sheeple to live in high-density towers? SFH will be reserved for the elites and their Quislings. Once the “mansion” tax passes – let’s …
Image © Flynt From Peter Reagan at Birch Gold Group The “American Dream” of home ownership is already out of reach of most Americans, thanks to the 50% increase in home prices over the last couple years. Homeowners who’ve purchased since the beginning of …
The housing market is cratering and the latest numbers reveal some really disturbing trends. With mortgage rates reaching 20-year-highs, owning a home in America has never been so expensive. Potential home buyers have been completely tapped out by now. That’s …
by Boo_Randy The collapse in mortgage underwriting presages a collapse in home sales & prices… Mortgage rates for new 30 year average have also hit the highest since 2000, at 7.30%. Read more: https://t.co/AcR6mcKJTn — unusual_whales (@unusual_whales) November 5, 2022
by random20190826 I am not a doomer, but I am a Canadian and I know that countries outside of the United States of America do not usually have fixed rates for mortgages for any term beyond 10 years. If they …
You will own nothing…you will live with total strangers and you will like it…. via dnyuz: At first, Lindsey Tindage, a 27-year-old corporate recruiter, was leery of co-living, a housing model that brings strangers together in a dormitory-like arrangement. “It seemed sort …
h/t silvertomars
As previously noted, the canary in the coal mine told us this was coming. Expect further falls in house prices as rate shock filters through… (NZ was first to ease/reopen, and subsequently hike rates, tighten monetary policy — set against …
by Boo_Randy The Housing Market ‘Is Crashing,’ Says KPMG Chief Economist (rare truth-bomb allowed on MSM) #recession … #GFC2 US #Housing Bubble 2.0 edition https://t.co/suwPeCpe1U pic.twitter.com/S22VRozBom — Invariant Perspective (@InvariantPersp1) October 23, 2022 US New Home Buyer Traffic DOWN -64% …
Change the view to last 5 years… Just a quick sample. SNAP https://www.cnbc.com/quotes/SNAP/ NVIDIA https://www.cnbc.com/quotes/NVDA?qsearchterm=nvidia META/FACEBOOK https://www.cnbc.com/quotes/META?qsearchterm=facebook All over 4% (Probably Nothing) An often-overlooked economic measure is signaling serious trouble ahead The Conference Board’s Leading Economic Indicators index indicated that …
by confoundedinterest17 One of my friends on Wall Street wrote my yesterday claiming “The 10-year Treasury yield is set to crash. Brace for impact!” Then I logged into Bloomberg this AM and saw the 10-year Treasury yield up almost 10 basis …
by Michael The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that this would happen. When the Federal Reserve told us that they would be aggressively raising interest …
by confoundedinterest17 The Fed’s Limbo Rock! How low can consumer sentiment for housing go? The University of Michigan’s consumer sentiment index for housing for October just fell to its lowest level since 1992 as The Fed counterattacks against Bidenflation, causing mortgage interest …
“Edmo is not currently required to register as a sex offender, and social media activity from after his 2021 release from prison mention traveling across the United States to multiple destinations including Nevada and California.” https://t.co/vKjKTEkzov — An Open Secret …
by confoundedinterest17 Under “Nuclear Joe” Biden, the US is truly the land of confusion. As the Biden Administration touts “affordable housing,” we are seeing the 30-year mortgage rate rise above 7% as The Federal Reserve fights inflation … caused by the …
by silvertomars Look at the inverse relationship between assets and interest rates… add QE to that as well in recent years… as inflation remains more sticky than the market thought, we are on a path to price discovery for bonds… …
by Boo_Randy Affordability in the housing market has deteriorated at the fastest pace in the last 30 years So which ones the next Lehman ? pic.twitter.com/KkThzIgFZp — Wall Street Mav (@WallStreetMav) October 4, 2022 Financial Conditions are getting tigther pic.twitter.com/DISCAX5PXf …
by silvertomars
A Democrat running for Montana’s newest congressional district may have profited off a company she says blocks Montana families from affording homes. Monica Tranel has slammed Airbnb and other vacation rental services for depleting the supply of long-term rentals and homes in …
by Shaun Richards It has been an extraordinary few days with the Bank of Japan intervening to support the Yen and then the pressure switching to create something of a sterling crisis. But if we step back we see that …
by Martin Armstrong Fed Chair Jerome Powell stated that the US housing market would “probably” go through a “correction” period. It is of no surprise as home prices were steadily rising from 2020 until recently after mortgage rates rose and many were …
Watch Video above… And Read Articles Below… https://www.msn.com/en-in/money/news/the-housing-markets-could-crash-in-canada-new-zealand-and-australia-they-re-3-cautionary-tales-for-the-us/ar-AA11EbRc https://www.news.com.au/finance/real-estate/buying/grim-prediction-australia-facing-major-housing-crash/news-story/0d6c5bb65cc2e53c684331618783bee7 https://www.internationalfreepress.com/2022/09/a-housing-crash-in-canada-australia-and.html?m=1 New Zealand Property prices https://youtu.be/y2kbgavXsqc
“According to the Canadian Housing Statistics Program, over three-quarters, more than 77 per cent, of the condos in B.C. and more than two-thirds, almost 70 per cent, of those in Ontario that were not being lived in by the homeowner …
New York City shelters are so overwhelmed by the migrant crisis that Mayor Eric Adams is considering using cruise ships as temporary housing. “We examined everything from the legality of using any type of cruise ship for temporary housing,” Hizzoner …
Your best for understanding the 2022-23 Housing Crash is understanding what happened during the last Crash (lasted roughly 5 Years from 2007-12). Metros with the biggest price declines were: 1) Expensive2) Speculative3) Built Lots of Homes — Nick Gerli (@nickgerli1) …
by Boo_Randy The Fed’s balance sheet unwinding will accelerate to $95 billion per month at an unprecedented rate, and market liquidity is already dwindling. Will Fed be able to stick to their QT plan without causing a global crash? …
Young families with full-time incomes have been forced to live in tents as Queensland’s housing crisis hits a new low.