by Chris Black I don’t even know what you’re supposed to say about this. I knew the troops weren’t actually being sent in to stop the invasion, but this is just pure silliness. NEW: Security video from a contact in …
I asked the Texas National Guard if this is one of their soldiers who opens the gate for the group of migrants. They tell me she is NOT a TX soldier & is not TX ARNG. I’m told she is …
by confoundedinterest17 Living in Biden Country! Where big American cities are becoming like Lori Lightfoot’s Chicago. And the sad headline of the day (other than pure chaos on the Mexican border) is that NO RENT IS BEING PAID ON 20% OF ALL …
The state of Michigan is currently investigating a horse farm after its owner held a rally against the building of an electric vehicle battery component plant that will be built by Gotion, a subsidiary of the Chinese company Guoxuan High-Tech Co. …
Violence Erupts in Chicago as Hundreds of Thugs Destroy Parts of the City, But You Couldn’t Tell by Corporate Media News Coverage As I write this article, Fox News has a top story about a viral video with a guy …
by: JD Heyes (Natural News) Borrowers in the US commercial real estate market face a significant challenge as nearly $1.5 trillion of debt comes due for repayment by the end of 2025, leading to a couple of big questions: Who will be …
https://twitter.com/BernieSpofforth/status/1643610093471055872
(Via FinancialTimes) The European Central Bank has called for a clampdown on commercial property funds to tackle the risk that a downturn in the €1tn sector could trigger a liquidity crisis if investors rushed to withdraw their money. The ECB’s proposals …
via Fox Business: A record amount of commercial mortgages expiring in 2023 is set to test the financial health of small and regional banks already under pressure following the recent failures of Silicon Valley Bank and Signature Bank. Smaller banks hold around $2.3 …
by Chris Black Having sold off virtually all significant state-owned enterprises to the West, the Ukrainian government is not going to stop. The British newspaper The Telegraph reported that executives of the British defense industry visited Kiev to discuss the …
https://www.9news.com.au/national/home-value-record-decline-australia-corelogic-finds/0c3e7586-f310-411b-ab19-d38068078794 According to the CoreLogic Daily Home Value Index, this is the deepest peak-to-trough decline, surpassing the previous record-breaking fall between 2017 and 2019. The current record slump has been triggered by the RBA’s aggressive interest rate hikes – the …
Being a first-time homebuyer can be difficult. There are many things to consider, including your budget, preferred mortgage company, and ideal neighborhood. When you’re embarking on this unfamiliar journey for the first time, it can be reassuring to know what …
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 …
The Century Town Council approved a 151% property tax increase during a rare Saturday afternoon meeting, but failed to approve a budget due to an advertising error. No member of the general public attended a public hearing held at 4:30 …
by Boo_Rand https://www.macrobusiness.com.au/2022/10/falling-chinese-property-ignores-more-support/ The average new home prices in China’s 100 major cities stood at 16,200 yuan per square meter in September, falling by 0.02% from the previous month, down for the third consecutive month and weakening from the 0.01% …
And so it begins…. https://www.ft.com/content/34f679be-714e-4201-a8b3-cc0e96acc1a1 Schroders, BlackRock and Columbia Threadneedle impose restrictions on redemptions from institutional real estate funds
by Boo_Randy https://www.abc.net.au/news/2022-10-03/property-prices-corelogic-rents-september-2022/101495078 Property prices are continuing to fall nationally as interest rates hit, with key capital city housing markets diving up to 6 per cent in the last three months alone. CoreLogic data shows that in September properties were sold …
by Boo_Randy More than TWO MILLION households face sharp rise in mortgage repayments over two years sparking warnings of 15% fall in house prices as lenders pull nearly 1,000 deals in 24 hours – the highest ever daily fall – …
via Forbes: In a major blow against government accountability, the South Carolina Supreme Court last week upheld the state’s civil forfeiture laws, which let police permanently confiscate cash, cars, and even homes, without ever filing criminal charges. By overturning a …
CITIGROUP $C IS WARNING THAT FINANCIAL CONTAGION HAS SPREAD SO FAR ACROSS CHINA’S PROPERTY INDUSTRY THAT EVEN STATE-BACKED DEVELOPERS ARE AT RISK OF SURGING DEFAULTS $60 trillion property market imploding in China $FXI $KWEB $BABA $JD $PDD — Special Situations …
Financial contagion has spread so far across China’s property industry that even state-backed developers are at risk of surging default, according to Citigroup analysts https://t.co/SOi71zNPjZ — Sunchartist (@sunchartist) September 19, 2022 China collapse = moass [From bad to worse: Chinese …
by mark000 Chart by commenter Miguel over at interest.co.nz
by Shaun Richards It was only last week that we began with an interest-rate cut in China to boost its struggling property market. Thus this morning we got a splash of deja vu or if you prefer groundhog day. The …
by Shaun Richards This week has already brought news confirming one of our themes.It links to the idea that you should look at what people do rather than what they say. The People’s Bank of China (PBOC) said it was …
China has been buying up billions of dollars in land in the U.S. and Florida’s Republican Governor is warning about the massive security risk facing the country over these sales. The Red Chinese — our self-professed enemy — has been …
Why does the property market in China matter so much? Because it's likely the largest asset class of any kind in the entire world, by a fair amount. Currently estimated to be a total of $62T in total value! pic.twitter.com/OCjrSLqvj0 …
by Boo_Randy Millions of Chinese bagholders pre-paid for apartments that will likely never be completed as deeply indebted property developers are going bust left and right. Now huge numbers of those baggies have vowed to stop making their mortgage payments, …
by Claudio Grass via Claudiograss.ch Part I of II, by Claudio Grass, Hünenberg, Switzerland It wouldn’t be an exaggeration to argue that private property rights, as understood by classic liberal thinkers, by those who embrace Austrian economic theory and by all member of …
HONG KONG (Reuters) – Chinese property developer Shimao Group has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China’s embattled property market. The non-repayment was the first missed …
by SilverBoatSurfer Hey, remember how the crypto pumpers said these scam digital “currencies” were going to take the place of fiat currencies as a medium of exchange? https://www.scmp.com/business/article/3183286/use-bitcoin-other-digital-money-buy-property-grinds-halt-cryptocurrency Property purchases paid for with cryptocurrency have nearly ground to a halt …