A hub for independent voices and signals
It's true, if you need a loan to buy the avg priced home, you can't qualify for a loan to buy the home. Seems simple. $430,300Average home price in the United States: $430,300. The median home sales price is $431,000 …
by confoundedinterest17 There is a sudden fire in housing as housing starts soar in November. Housing Starts: Privately‐owned housing starts in November were at a seasonally adjusted annual rate of 1,560,000. This is 14.8 percent above the revised October estimate of 1,359,000 and …
Americans' savings rates slid again in the third quarter, per Axios: pic.twitter.com/sBEvKXNTjn — unusual_whales (@unusual_whales) December 14, 2023 The economic landscape in the United States is becoming increasingly challenging as Americans grapple with a combination of dwindling savings rates, soaring …
Want to know why housing prices are unaffordable? 1) Low interest money printing by the Federal Reserve the past few years 2) BlackRock, WEF banks, and hedge funds intentionally buying up single family homes so “you’ll own nothing and be …
Amid an acute housing shortage, soaring prices, and sky-high rents, a groundbreaking 28% of single-family homes in the United States were snapped up by investors in 2022. The surge in investment has led to growing concerns about affordability, prompting the …
Gold may have hit an all-time high earlier this week but on an inflation adjusted basis it remains 20% below the 1980 peak pic.twitter.com/yKUScQ7laZ — Barchart (@Barchart) December 6, 2023 Poland bought 300t recently — Jan Nieuwenhuijs (@JanGold_) December 5, …
This frustration is a common sentiment. While official statistics report a modest 5% increase in food outside the home, many consumers, like this individual, perceive a more significant rise, possibly around 20%. It’s not just about the cost; there’s concern …
by confoundedinterest17 Where has all the GDP gone? Not to wages. As expected, Q3 Real GDP was revised upwards to 5.2% annualized. Of course, this shatters JKP’s talking points that Biden inherited a train wreck of an economy from Trump. Q3 2020 Real …
Looks like wall street investors are selling off their houses for cheap. Might be a good idea to buy for a family. AC
In a harrowing turn, new home prices have plummeted by a staggering 18%, marking the most significant annual decline on record, surpassing even the depths of the 2008 financial crisis. The grim reality intensifies as builders face a crisis, with …
In an unprecedented turn of events, the real estate market is witnessing a significant shift as new home prices are poised to dip below existing home prices for the first time since 2005. This reversal in the traditional pricing dynamic …
As oil prices face their fifth consecutive weekly loss, a trend not seen since December 2021, the market reacts with nearly a 5% decline attributed to OPEC’s decision to delay their meeting. The reported cause, “production disagreements,” marks a notable …
via CNBC: Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since …
The recent ruling by the German constitutional court, declaring the government’s Climate Budget fund as illegal and unconstitutional, has delivered a sudden blow, tearing a significant 60-billion-euro hole in the budget virtually overnight. With an additional 200 billion euros at …
As economic indicators paint a foreboding picture, the descent of oil prices in gold terms serves as a stark warning, signaling the potential for a hard landing. The alarming reality is further underscored by a concerning 30% rise in business …
https://www.youtube.com/watch?v=6KwtJhaLqzw We have good news if you’re in the market for a new or used car: The U.S. auto market is finally facing the shift everyone was waiting for – prices are reporting significant month-over-month declines, and a set of …
CNN – Restaurant prices are way up. You might want to head to the supermarket. “If you’re watching your budget, it might be time to skip the drive-thru and head to the supermarket. In the 12 months through October, higher …
via naturalnews: Did you know that electricity prices in Germany are triple the cost of electricity here in the United States, all due to Germany’s “green” energy policies? In recent years, Germany has been phasing out coal and nuclear energy in …
by confoundedinterest17 President Biden reminds me of Cousin Eddie, the dimwitted cousin of Clark Griswold’s wife in the Vacation movies. Except that Cousin Eddie is a nice dimwit while Biden is a nasty dimwit. And politcal stooge. Given that turkey …
https://www.youtube.com/watch?v=9mV36_Fqlkc Being a carnivore has never been so expensive. According to the USDA, beef prices soared to another record high this week, and are expected to face a 100% increase next month compared to the same period a year ago. …
by WyatteSmith So, fuel prices are plummeting. My W/S cost of E10 87 Octane went from: $2.76/G MONDAY to $2.47 today. That is in Wisconsin WITH taxes. Diesel went from $3.58 MONDAY to $3.18 today!!! Here is why. The economy …
https://t.co/KraPDgOOQm — Win Smart, CFA (@WinfieldSmart) November 16, 2023 More Chinese cities record falling home prices in October BEIJING, Nov. 16 (Xinhua) — More Chinese cities reported falling home prices in October, official data showed Thursday. The National Bureau of …
As gold in Japan inches closer to another record-breaking high, the economic woes persist, with the country’s economy contracting at its most rapid annualized quarterly pace in two years during the third quarter. This juxtaposition underscores the prevailing economic challenges …
With beef prices continuing to skyrocket, demand has shrunk and forced many of the largest food producers to import cheaper alternatives. Tyson Foods is among those who have been “squeezed” into not only importing more but also exporting less. Tyson …
by confoundedinterest17 Even eating breakfast under Bidenomics is more expensive. Particularly if you like orange juice like I do. To save money, I am probably going to have to switch to nasty-tasting Tang. Food CPI is up 3.69% year-over-year. The …
The recent moves by Denmark’s Climate minister to make EU farmers pay for their greenhouse gas emissions and the discussion of a carbon tax on beef and dairy production are nothing short of outrageous. It’s a short-sighted approach that doesn’t …
The alarming truth is that the soaring rental costs are taking a toll not only on low-income individuals but also on those with above-average incomes. This unforgiving rental market is compelling people to relocate further away from their workplaces in …
YouTube has become the latest platform to increase its prices, following in the footsteps of Netflix, Apple TV+ and Disney+. The price of the YouTube Premium family plan, which allows six accounts to use the same subscription, will increase by …
