Luxury homebuilder says more than 70% of business is from wealthy move-ups and empty nesters with years of home price appreciation. The rest are rich millennials

Home prices and mortgage rates are high but haven’t hampered demand for what Toll Brothers calls its “luxury niche.” That niche is made up of empty nesters, rich millennials, and wealthy buyers who are inoculated from housing market swings. “Demand for our homes …

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Running On Empty? US Bank Deposit Outflows Continue To Shrink As Regional ‘Stress’ Accelerates (Mortgage Rates UP 151% Under Biden)

by confoundedinterest17 The song “Running on Empty” by Jackson Browne comes to mind when analyzing the state of American banking, especially regional banks. Yesterday we found out that inflows to money-market funds continue to be huge ($290BN in six weeks), and more importantly, regional …

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Federal buildings are 75 percent empty.

Republicans say billions of taxpayer dollars have been wasted based on unused federal office space and employees taking advantage of the White House’s liberal work from home policies. Damning reports reveal government employees have been in meetings while taking bubble …

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Massive US Oil Caverns Sit Empty in Threat to Energy Security (Biden Has Drained 46% Of Strategic Petroleum Reserve, Gasoline Prices UP 48% Under Bidenomics, US Dollar Down -12.5% Since September 2022)

by confoundedinterest17 So far, President Biden has drained almost 50% of the Strategic Petroleum Reserve (SPR) under his Reign of Error. And regular gasoline prices are up 48% since Biden assumed the Presidency on Jan 20, 2021. We have massive caverns …

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Disney World is Empty

by Chris Black Turns out people don’t want their kids groomed by pedophiles. Disney World in Orlando is suffering – here it is nearly mid-July, schools are out, families are on vacation, and the streets at Disney are just about …

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