Remember when I warned them that they would inflate prices until they all didn't have jobs?
Guess they didn't listen https://t.co/mLaEA8sLw3
— Darth Powell (@VladTheInflator) September 5, 2024
THIS is the right attitude from the housing industry.
Lower prices means transactions can get done again https://t.co/RG51mglTp1
— Darth Powell (@VladTheInflator) September 5, 2024
Lower rates are the beginning of the end. This time will not be different https://t.co/Ukz07RzhJL
— Darth Powell (@VladTheInflator) September 5, 2024
Single family housing inventory in Florida has more than tripled from the panic speculative mania seen in 2021.
This is highest level of single family homes for sale in Florida since 2014 and continues to rise counter to historic trends of falling inventory in the summer. pic.twitter.com/30Y8fnp8ue
— Darth Powell (@VladTheInflator) September 5, 2024
Home Price Cuts Reach Highest Level in 5 Years as Sellers Show ‘Patience and Modesty’
It’s not hard to predict these cycles.
Interest rates tell you everything you need to know yet 95% of “experts” ignore them.
The key is knowing there’s information asymmetry. Interest rates simply reveal what those with the most information are doing with their money.
— George Gammon (@GeorgeGammon) September 5, 2024
More Americans are having to choose between food and energy bills