View post on imgur.com The answer, warns the Federal Reserve Bank of Dallas, is that the property market is showing “signs of a brewing U.S. housing bubble.” That may be unsettling to millions of potential homebuyers who are coping with …
Southern California might be a great place to live, but the pandemic and an expensive housing market have pushed many residents to move—like, all the way to Mexico. Year-over-year home prices in the Los Angeles metro area were up 15.2% …
View post on imgur.com https://www.federalreserve.gov/newsevents/speech/waller20220324a.htm https://market-ticker.org/akcs-www?post=245490&page=1 h/t dr0id
Federal Reserve Governor Christopher Waller has no doubt about how competitive today’s housing market is. “Trust me, I know it is red hot because I am trying to buy a house here in Washington and the market is crazy,” Waller …
Affordability in housing market getting squeezed several ways … existing & new single-family home prices (medians shown in blue and orange) are still high relative to history & mortgage rates (white) are now moving higher pic.twitter.com/2oMXXmK1V0 — Liz Ann Sonders …
https://twitter.com/i/events/1504719354000076801 🏠 If you want to know what stagflation looks like, check out the housing market. The conditions that existed during the 1970's — high inflation and stagnant output — are happening already in this segment of the U.S. economy …
by confoundedinterest17 Well, Powell and The Fed Gang failed to tackle inflation with its 25 basis point increase in their target rate. The result? Inflation is still roaring and REAL Treasury yields remain NEGATIVE (nominal Treasury yields – inflation). In fact, the US …
Are they gonna start by seizing the 60,000 Irish holiday homes for illegal immigrants and refugees? Amendment to the Housing Bill: “The State shall delimit the right to private property where it is necessary to ensure the common good…” https://twitter.com/TJ0059/status/1503355580412575747 …
by confoundedinterest17 Feeling hot, hot, hot! Corelogic released their January housing report and its a doozy. Home prices nationwide, including distressed sales, increased year over year by 19.1% in January 2022 compared with January 2021. On a month-over-month basis, home prices increased …
Authored by Michael Maharrey via SchiffGold.com, Are we heading toward housing crisis 2.0? That remains to be seen. Two things are for certain. The is a massive housing bubble. And the Fed is holding the pin. The bubble in the …
by confoundedinterest17 Zoltan! Credit Suisse’s Zoltan Pozsar thinks The Federal Reserve needs to spark a market crash. Really Zoltan?? If The Fed does its expected “shock and awe” (or shock and awful), it will be more than the stock markets will …
h/t Due-Economist8238
This week’s Golden Horseshoe is awarded to the IRS for a lack of oversight that led to $15.6 billion in questionable Low-Income Housing Tax Credits (LIHTC) on more than 68,000 claims, according to an audit report by the Treasury Inspector General for …
https://www.youtube.com/watch?v=IbchjtB54RY Robert Kiyosaki Warns Investors Of An Upcoming Housing Market Crash. “Don’t listen to your stupid real estate agent who tells you that, oh, the price of real estate always goes up because it doesn’t. So rather than listening to …
https://twitter.com/Breaking911/status/1488376947126190088 https://twitter.com/Breaking911/status/1488335852015132674
by confoundedinterest17 Now we have people like JPMC’s Jaime Dimon speculating about 7 rates increases in 2022 and other bankers speculating about a faster than expected withdrawal of the The Fed’s monetary stimulus in the form of asset purchases, we have …
by No_Neck_Ed3
#China’s #home prices fell at slower pace in Dec amid easier financing for housing market https://t.co/Flss4rT4mp — YUAN TALKS (@YuanTalks) January 17, 2022 *China’s seen their TFP (total factor productivity) diminish heavily since 08 – thus eroding GDP w/ it …
by confoundedinterest17 That Bidenflation is really hurting Americans. Start with the UMich Buying Conditions for Houses. It “rose” to 83. Unfortunately, 100 is the baseline and any number below 100 is bad. The reason? The massive increase in US home prices …
by confoundedinterest17 According to Attom, US home prices are growing faster than rents in nearly 90 percent of the nation; but prices are still more affordable in almost 60 percent of U.S. markets; Renting remains more financially viable in most-populous urban areas. …
by confoundedinterest17 Now that inflation has reared its ugly head, how can investors protect themselves against the ravages of inflation? Back in 1977, Fama and Schwert showed that housing acted as a hedge against inflation. Over the past year as inflation has …
by confoundedinterest17 The inventory of existing homes for sale in the US is extremely low. The lack of available inventory to buy is helping drive home prices through the roof. Available inventory for purchase peaked back in the 2007-2008 period …
In 2022 Millennials will get hit by a collapsed Tech bubble, Crypto bubble, and housing bubble all coming at the end of the cycle. Then they'll get a big tax bill and the IRS will inform them they're bankrupt. Prepare …
by confoundedinterest17 Well, at least construction materials are growing more slowly than energy prices! The Producer Price Index for Construction Materials rose at a 34.7% YoY pace in November. So it is no surprise that the median sales price for …
https://www.youtube.com/watch?v=LYzqZYcg8g8 Rich Dad Poor Dad’s Robert Kiyosaki is sharing a very gloomy prediction for the near-term outlook: The everything bubble has burst and now it’s time for several asset classes to face a ‘giant’ crash. An economic depression is also …
by confoundedinterest17 There is a lot going on in the US housing market. Excessive monetary stimulus keeping mortgage rates low, historically low inventory available for sale, and FOMO (fear of missing out … on rapidly rising home prices). The Case-Shiller repeat …
by confoundedinterest17 Lumber prices are above $1,000 for the first time since early summer as a hot housing market continues to drive demand. According to Markets Insider, lumber prices are up 127% from its most recent low. With demand high and supplies …
If this is true, and it seems to be, the illegal aliens are above the law under the Biden administration. We have been seeing Illegals crossing the border—unscathed. There are buses waiting for them—who arranged for that? Where do the …
https://www.youtube.com/watch?v=ecjuPcn_Btk Global markets are in panic mode since the Chinese property developer Evergrande admitted that it’s running out of money to pay off its gigantic billion dollar debt, and it doesn’t have enough funds to finish thousands of construction projects …
