Independent thinking for complex markets and current events
This is classic communist grift where the party bosses get rich. NYC keeps electing these people and wonders why everything gets worse and more expensive. Council member introduces bill for 18.2% raise taking members from 148500 to 175500 retroactive to January. Mayor salary jumps from 258750 to 305800 with automatic 2% annual increases. Sold as …
Q: What are your plans for the housing affordability bill? Trump: I don't know. It's so unimportant pic.twitter.com/KzO6JqCEM4 — FactPost (@factpostnews) June 29, 2026 Donald Trump on his housing affordability plan, in his own words:—"It's so unimportant"—"It's a big yawn"—"I don't think about Americans' financial situation"—"I don't want to drive housing prices down. I want …
Texas pharmacist Brad Hart gets family transfer request. Kid already starts antibiotic course. Insurance demands prior auth for last 14 tablets. Drug costs pharmacy 18 dollars cash. AWP benchmark lists those tablets at 2500 dollars. PBM middlemen and rules create this fake price. Obamacare and Medicare push everything through third party payers. System delays care …
He didn't say affordability is BS, he clearly said the Democrat framing of affordability is BS. Agree or not report what he said accurately. I'm not MAGA but clickbait and disingenuity irks me. — The Rational Man (@solitaryintp) May 1, 2026 Yeah he said the words, but it’s framed pretty hard. Trump was speaking in …
Watch live as President Donald Trump participates in a health care affordability event.
StockMarket.News @_Investinq The US government ERASED its own hunger report. Not because hunger is falling. Because it’s surging. Here’s what they don’t want you to see. Grocery prices in America are up 30% since January 2020. Beef and veal, up 59%, Coffee: up 50%. Eggs: up 36%. Chicken: up 33%. Bread: up 33%. These aren’t …
The housing affordability crisis is forcing homebuilders to do something they’ve almost never done: slash prices on new homes more aggressively than homeowners are for their homes on the market. This is a first for the housing market in recent history, according to a Realtor.com report released Thursday. “The current housing market is entrenched in an affordability …
He’s right, a hard cap just pushes risk into darker corners. When banks pull credit, the people left paying are the ones with no lawyers and no exits. Bill Ackman @BillAckman I think President @realDonaldTrump ’s goal of reducing credit card interest rates is a worthy and important one. My concern about capping rates at …
by Michael If you are having a really difficult time keeping up with the rapidly rising cost of living, you are certainly not alone. This year, “affordability” was a buzzword that was constantly on the lips of politicians, economists and talking heads on television. As you will see below, Americans are being slammed by rising …
You only get 2 pencils is brilliant messaging Mr President please repeat this across the nation — JA (@jesse_altman) December 10, 2025 As part of an unscripted riff on his trade agenda, Trump declared, “You know, you can give up certain products. You can give up pencils.” He added, “You always need steel. You don’t …
Affordability of necessities in the US continues to deteriorate byu/RobertBartus inEconomyCharts For context… SmartAsset studied how much families need to live a "normal" life in every US state. (covering needs, wants, AND saving 20%) The results are terrifying: — Brennan Schlagbaum, CPA (@Budgetdog_) December 3, 2025 40. Texas ($204,922)39. North Dakota ($207,334)38. Michigan ($207,584)37. South …
Authored by Mike Shedlock via mishtalk, Trump and NYC mayor Zohran Mamdani will fail. Here’s why. Talk Is Cheap Greg Ip has an interesting article on the Wall Street Journal. He says Everyone Is Talking About the ‘Affordability Crisis.’ It Can’t Be Solved. I agree with much of what Ip says, but he misses the two …
by confoundedinterest17 Every time the government tries to make housing more affordable, they make the problem worse. Some people should rent and not fall for the government’s latest folly, the 50-year mortgage. True, the 50-year mortgage would lower the monthly payment by several hundred dollars (see the following example where the monthly payment falls from …
by confoundedinterest17 Housing after Covid. 2020. A year that goes down in infamy. The Covid outbreak and the government’s insane overreaction to it. Masks and massive spending, driving up housing prices. After 2020, mortgage originations plummeted while housing prices soared. US home prices took off like a scalded cat after the Federal government went on …
Zohran lectures ppl about affordability while living in rent-stabilized housing even tho he's an assemblyman ($142K a year) subsidized by his wealthy parents. "$92 wagyu steak please." pic.twitter.com/OSOWssd5ho — Anthony Galli (@AnthonyGalli) November 4, 2025 Mamdani resides in a rent-stabilized one-bedroom unit costing $2,300/month, located in a gentrifying part of Astoria. His salary as an …
Housing prices would need to fall about 30% before basic affordability returns to most U.S. cities. Experts say mortgage rates must drop to around 4.4% for a typical home to fit within the affordability rule of 30% of median income. https://fortune.com/2025/07/30/mortgage-rates-housing-affordability-zillow-report Right now the average thirty year mortgage rate sits near 6.8%, despite being well …
1) What's extremely interesting is that home prices, for a very long time, simply tracked the rate of inflation. More specifically, from 1890 to 1990, over 100 years, inflation-adjusted prices never went more than 15% above their long-term trend line. — Nick Gerli (@nickgerli1) May 15, 2025 3) And it was in this period that …
Yes it’s literally this bad out there for housing. Next up, price drops. No one can afford to buy at these prices with mortgage rates this high. There’s no demand because there’s no affordability. If prices dropped, inventory would eventually start moving again. https://t.co/pyAglXFk0B — QE Infinity (@StealthQE4) November 27, 2024 Today’s new home sales …
https://twitter.com/GayBearRes/status/1818391044742062475
Rising prices of feminine hygiene products, outpacing even food inflation, are forcing many American women to make difficult choices between purchasing menstrual supplies and other essential items. This price increase has led to a significant decline in sales of pads and tampons since 2020, with unit sales dropping by 12% and 16% respectively. Major manufacturers …
by confoundedinterest17 Housing in the US is simply unaffordable. Particularly since home prices and mortgage rates have soared under Biden. .Owning a house is less affordable for average earners in the US than at anytime in 17 years. The costs of a typical home — including mortgage payments, property insurance and taxes — consumed 35.1% of the …
Canada is facing a worsening housing affordability crisis as the country experiences an unprecedented surge in population growth. According to Statistics Canada labor force data, the working-age population has increased by a staggering 411,400 people in the first four months of 2024, a 47% increase compared to the same period in 2023. National Bank economists …
Fast food menu prices purportedly outpace inflation since 2014, but skepticism arises due to perceived inaccuracies in CPI data manipulation. Affordability strains are evident, with a significant portion of Americans sacrificing meals, vacations, and medical treatments to meet housing costs. Homeownership increasingly becomes a luxury amid re-accelerating inflation and the likelihood of interest rate hikes. …
Despite modest wage growth, the gap between income and the cost of living continues to widen in the US, making essentials like homeownership increasingly out of reach for many. As a result, more individuals are turning to innovative solutions like online property auctions to navigate the challenging market landscape. Affordability in the US is getting …
58% of people surveyed by Fannie Mae think it would be difficult to get a mortgage these days, 4% higher than in February. It is near the record of 60% share of respondents in October. US Housing affordability is near the historic low. pic.twitter.com/V7l3822s3m — Global Markets Investor (@GlobalMktObserv) April 9, 2024 Visualizing the U.S. …
Realtors across America are in for a tough year in 2024, with a new legal settlements likely lowering their fees and commissions. Something that could result in hundreds of thousands of realtors quitting. Many renters are being evicted from their homes due to the increasing cost of renting a house. With 35% of the U.S. …
by confoundedinterest17 Bidenomics has cast a gloom over the housing market. Mortgage rates up 130% under Biden while housing prices have soared. For the average American, 2023 was the worst year ever for housing affordability—and now there’s more data to back it up. According to Redfin data analyzed by Creditnews Research, the average U.S. household …
via Naturalnews: Congress is taking aim at the nation’s parasitical hedge funds, which are largely to blame for the housing crisis and bubble market that is preventing many hard-working Americans from owning a home. Two bills proposed by Democrats this week would require all hedge funds with single-family homes in their portfolios to sell them all off …
Inflation in essential areas, including car insurance, car repair, transportation, rent, homeowner costs, and food away from home, far exceeds the 3.2% CPI headline rate, challenging the notion of a broader decline in prices and signaling an ongoing affordability crisis for consumers. While CPI inflation is at 3.2%, inflation is much higher in many basic …
