Independent thinking for complex markets and current events
by Martin Armstrong A new report from Realtor.com found that nearly one-third of employed young adults in the United States are now living with their parents. These are people with jobs. They are working, earning income, and still cannot afford to establish independent households. The politicians and economists who constantly celebrate employment statistics fail to understand that …
🚨 THIS NUMBER SHOULD NOT EXIST The U.S. housing market just reached the most unaffordable point EVER. Worse than 2008. And almost nobody is paying attention. The median U.S. home now costs $415,000. Five years ago? $270,000. That’s a 54% price increase. Wages over the… pic.twitter.com/Y278wSTc61 — Alex Mason 👁△ (@AlexMasonCrypto) February 23, 2026 It’s …
by Martin Armstrong @reasonmagazine On his first day in office, Mamdani appointed Cea Weaver, a tenant activist and one of his campaign advisers, to lead the city’s Office to Protect Tenants. Reason spoke with Weaver in 2021 for our story on the victims of the eviction moratorium. She told us about her vision of “a …
Canadian 🇨🇦 cities by income needed to buy a home (March 2025): 1. Vancouver: $223,9002. Toronto: $211,3003. Victoria: $176,3004. Hamilton: $147,3005. Ottawa: $134,9006. Calgary: $118,6007. Montreal: $108,9008. Halifax: $94,6009. Edmonton: $93,70010. Winnipeg: $74,600 — Made In Canada (@MadelnCanada) May 27, 2025 Ontario’s mortgage delinquency rate has hit an all-time high, revealing deep financial distress among …
In 2008, the Fed came to the rescue of the Wall Street banks that caused the 2008 crash by transferring $2.7 trillion in toxic-waste Mortgage Backed Securities (MBSs) from the banksters to the public ledgers. Now it can’t offload these MBSs without imploding the housing bubble. Thanks to the Keynesian fraudsters at the Fed turning …
These are horrible trends. What is driving that? Cannot young people afford having family and a home anymore, or are there different reasons? pic.twitter.com/MaqL98hzMM — Michael A. Arouet (@MichaelAArouet) April 18, 2025 HUMANITY IS LOW-KEY GOING EXTINCT AND NOBODY’S TALKING ABOUT IT People around the world have basically stopped having kids — and scientists are …
Skyrocketing rates make homeownership impossible for most Americans, with $124,150 needed to afford the median home—far above the $79,223 median household income. As of January, "qualified income" needed to afford median home in U.S. was $124,150, but U.S. median household income was $79,223 … makes for a $44,927 affordability gap per @AtlantaFed data@DataArbor pic.twitter.com/hLA3s23L1o — …
Homeownership is becoming an increasingly expensive endeavor in the United States. The average cost of homeowners insurance has soared to $1,915 per year. This figure is based on a 40-year-old homeowner with good credit and $300,000 worth of coverage. However, the cost varies significantly across states. Oklahoma, Texas, and Nebraska top the list of the …
Beware: private equity firms buying homes could spell America’s perpetual financial downfall. The looming specter of insurmountable debt threatens the dream of homeownership for countless young Americans, ushering in a bleak future. As distressing foreclosure sales like the one in Washington DC illustrate, the erosion of property rights and the unchecked power of corporations loom …
Private Home Ownership Is At EXTREME RISK In America New Reports Show Economists Have Been Lying To All Of Us About The Rate Financial Firms Have Been Buying Up Single Family Homes They said only 18-23% of homes were being purchased & by 2030 they would own 60% That was a lie,… pic.twitter.com/BJF9FDJ5m7 — Wall …
I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the average Texan to purchase a home. This must be added to the legislative agenda to protect Texas families. https://t.co/VBs6Rluh3K — Greg Abbott (@GregAbbott_TX) March 15, 2024 Recent revelations have shattered …