A hub for independent voices and hard truths
Forget Homebuying, more than 10% of student loan balances are now 90+ days delinquent, the highest since 2020. The loans you can't walk away from. pic.twitter.com/kfDHDXNYB7 — THE GLOBAL WATCHDOG (@glwatchdog) May 19, 2026
by confoundedinterest17 Home prices exploded under Biden and Covid Federal spending. Making housing unaffordable for millions. Now the turnover rates for homes is at its lowesst rate in decades. Existing homes are now more expensive than new homes. Florida housing …
“Nearly 12 million federal student loan borrowers are behind on payments, according to new Education Department data. 5.5 million are in default, mostly from before the pandemic. Another 6 million are delinquent, with most over 270 days past due and …
Before covid, the average first-time homebuyer age never exceeded 33 years old. In 2025, it rose to a whopping 40. byu/Conscious-Quarter423 inInfographics The same generation that had affordable housing in their 20s is the same generation buying houses today. Because …
Student loans (yellow) are a problem (getting worthless degrees). But the overwhelming problem is mortgage debt (green) byu/RobertBartus inEconomyCharts “Now you can't afford a 50-year mortgage so you're taking out a 100-year mortgage to pay $500 less a month but …
Interest rates are stuck. Inventory is swelling. Buyers are gone. More than half of all homes now sell below asking. It’s the weakest housing market since 2012. https://finance.yahoo.com/news/housing-market-craters-56-homes-123114860.html Rents are falling, vacancies hitting records. National apartment rents dropped 0.8% year …
Homeownership is slipping through the floorboards. First-time buyers now account for just 21.8 percent of total home purchases, the lowest share ever recorded. That’s down from 34 percent in 2019 and signals a deeper affordability breakdown. Existing home sales are …
This chart tells me we have been getting poorer and poorer as a nation. It’s not just Covid or post covid. This economy stopped working for most people a long time ago. — Matt Williams (@MattWilliams) July 1, 2025
The S&P 500 just closed above 6170. Nasdaq is over 20000. Every financial outlet is painting it as strength. But if you step away from the screen and check the wallets, it’s clear the real economy is strained. More than …
D.C.’s signature program for first-time home buyers has run out of money this budget cycle after just three months, disrupting home searches for eligible residents for the second time since June. The District’s Home Purchase Assistance Program (HPAP), intended to …
Only thing this will do is increase home prices by $10k. Biden to propose $5,000 credit for first-time home buyers, per WaPo — unusual_whales (@unusual_whales) March 7, 2024 h/t saryiahan
by confoundedinterest17 Bidenomics strikes … again. No, not his inane ramblings about Hamas being “the other team” or that Hamas has to learn to shoot straight. But his policies freezing effects on the economy. Like housing. Existing-home sales faded in …
Poland has cut taxes for first-time homebuyers and raised taxes for those buying multiple properties (like corporations). Should more countries do the same? Read more here: https://notesfrompoland.com/2023/09/01/poland-cuts-tax-for-first-time-homebuyers-and-raises-it-for-those-buying-multiple-properties/ h/t TonyLiberty