'TURMOIL': Commercial real estate foreclosures soar to new levels
DFW housing and macro econ analyst Amy Nixon explains what the spike in mortgage rates means for the housing market on 'Making Money.' #foxbusiness #makingmoney
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Пікірлер: 471
I’m a new dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.
@KevinClarke9
Ай бұрын
it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.
@ritalorrigan
Ай бұрын
well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.
@ScottArmstrong12
Ай бұрын
Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.
@matturner8
Ай бұрын
@@ScottArmstrong12 this is all new to me, where do I find a fiduciary, can you recommend any?
@ScottArmstrong12
Ай бұрын
Can't divulge much Carol Vivian Constable is the advisor that oversees my portfolio. She's an extremely intelligent person, very thoughtful, cautious, and has an outstanding credentials, it's easy to find her on the web.
When average middle class Americans cannot buy a home, you know the system is broken.
@scottowensbyable
Ай бұрын
Most people can not manage their own money.
@user-cp9lz9pt8b
Ай бұрын
Thank the global pandemic and Blackrock buying up all the housing stock
@Hypocrisywatch1
Ай бұрын
Only Americans get a 30 year fixed deal..stop whining
@awilliams5007
Ай бұрын
@@Hypocrisywatch1 huh?
@user-zb7tg5hi3t
Ай бұрын
You make 0 sense
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
@berniceburgos-
Ай бұрын
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
@hersdera
Ай бұрын
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@SandraDave.
Ай бұрын
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
@hersdera
Ай бұрын
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@CraigLloyd-fz6ns
Ай бұрын
I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call. Thanks for sharing
Its ok we gave worldwide criminals 100 billion...........
@AboveAverageMan97
Ай бұрын
Biden gave money to Israel, Iran, Hamas. All three sides of the same conflict.
That will never get better for anyone making 50,000 dollars a year .and most people can't afford rent at today's prices. That is why people are living on the street.
@scottowensbyable
Ай бұрын
A lot of people are living on the street because they love drugs. Or they are free spirits.
@thejuicerr
Ай бұрын
It's the drugs and alcohol that fuels homelessness.
@nickriley4609
Ай бұрын
Or they've moved back in with family
@goldwingerppg5953
Ай бұрын
I bought my first house when interest rates were 12% and I worked two jobs.
@agtsmith87
Ай бұрын
@goldwingerppg5953 true, my parents did same, the issue is value of the dollar is much less. Back then my family could afford 15% rate, 2 car payments and 3 kids on one salary, very little chance of that now.
She misses 1 fact, we are broke
Homes up 300% wages nearly flat or up 2% doesn't matter where you live its currently impossible
This is a HUGE issue!
@Oldcarnut63
Ай бұрын
Biden dosent think so 😡
@TheThugNasty
Ай бұрын
@@Oldcarnut63do the republicans care? You’d think they would give us back our tax dollars to help our economy but they are screaming to send our tax dollars to Israel?
America is broken because of greed.
@Oldcarnut63
Ай бұрын
That's what it is GREED !!!😡
@johncmiles1
Ай бұрын
More than greed, high taxes, regulations. Allowing foreigners, including China to own property, often near military bases and other sensitive sites and allowing companies like Vanguard to buy up entire Neiborhood's and then turn the houses into rentals all plays a role.
@TonydaGM
Ай бұрын
Because of Biden
@odelltaylor1724
Ай бұрын
@@TonydaGMor trump
@TonydaGM
Ай бұрын
No its because of Biden and his policies@odelltaylor1724
Janet Yellen did say she “regrets saying inflation was transitory.” That should say it all. It’s not going away.
@beeeboopbeepboop
Ай бұрын
janet yellen is a token hire. she is a low iq stroke survivor.
Think the federal government is hoping that there would be a national of renters It’s more profitable for the big investors
@williamabbott9437
Ай бұрын
Basel lll. The Federal Reserve and B.I.S. are causing this. Currency has to tied to a finite tangible value. The Organizations We the People look to, to solve the problem, are the very same Organizations that are causing the problems, while absorbing tangible assets.
“Fed not letting that happen”? Means the US tax payer covers big banks again. Let it fail, it’s time we take the bitter pill. If your in debt and not ready. Tough.
Best thing for young people is to buy an acre or two and build a small 2 bedroom one bath with a large living room and kitchen. Then add on bedrooms as needed.
@philipdamask2279
Ай бұрын
Building codes will make even that size home expensive.
@cowsgonemadd3
Ай бұрын
Where will they get the money from for that 150k shack?
@Scrunchie_777
Ай бұрын
Land is overvalued, materials are overpriced, you need to hire someone to scale the land and the inspector - who will charge you an arm and a leg. Not to mention all the free time you need if you're building it yourself. Neither option, buy existing or build your own, is feasable.
Many of the people buying are either foreign or large corporations.
The market isn’t moving for people with money! The market is moving for huge investment firms that are buying up everything
@AJDIAS-ov1zd
Ай бұрын
IE; Blackrock, Statestreet, and others, but those are the two largest.
@beeeboopbeepboop
Ай бұрын
@@AJDIAS-ov1zd *blackstone
@mkaberli614
Ай бұрын
It's all part of the 'Great Taking.' As Klaus Schwab says, {You will have nothing..." That part of his statement is true, but the rest of what he said, "and you'll be happy", is a bald-faced lie,
Rates aren't the problem.. the cost is too high.
@jonathantaylor6926
Ай бұрын
Mortgages should be 10/10... 10% interest for no longer than 10 years. But the last thing our corrupt system wants is a bunch of 40 year olds with no debt.
Blackstone just handed the keys over to a $300m property… this is just the start. We manage 161k units… trust me, this markets about to get nuts.
@robhernandez1827
Ай бұрын
Yep but no one wants to hear that.
Rates will never be 3-4 percent in our lifetime again!
@mrchad97z49
Ай бұрын
I hope they never go down. Because low interest has fueled high home prices. The price is the main thing.. Not the interest.
@GunGal512
Ай бұрын
@@mrchad97z49 you got that incorrect. Low interest does push prices higher, but the BANK makes less $$$ on you with the lower rate. Also, prices may go higher but people can afford the payments. So it's a win win.
@johnrobi0
Ай бұрын
@@mrchad97z49 Prices haven't come down. They won't. My home value has steadily gone up.
@alexalvarez2171
Ай бұрын
How long you got left to live?
@moa9640
Ай бұрын
@@mrchad97z49 prices of everything is going up because the actual value of the dollar is going down substantially relative to gold (which is at an all time high)
Keep the people at home in their 15 minute cities. Commercial buildings empty. Worthless buildings
@DavidVolz-xz7bl
Ай бұрын
Agenda 21
It’s kind of something when they say you will own nothing and be happy and then see the state of the country
the property taxes in CA are so high Even if interest rates drop houses will still be un affforadable
@beeeboopbeepboop
Ай бұрын
i'm so glad i'm 100% property tax exempt for the multiple acres i own.
@user-vb8yf8be3l
Ай бұрын
@@beeeboopbeepboop Property tax is the most evil tax
@beeeboopbeepboop
Ай бұрын
@@user-vb8yf8be3l i agree
@4040Collective
Ай бұрын
most homes/condos/townhouses in SoCal where I live have $300-500/month HOA on top
I am a single father, I bought my daughter a house last month, I will continue to preach your name for the whole world to hear that you saved me from a huge financial debt with just a small investment, thank you Kristy Loreca, for saving my life.
@Wendy10926
14 күн бұрын
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
@MerylConnor
14 күн бұрын
I'm surprised you also trade with Kristy Loreca, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
@FeliciaJagger
14 күн бұрын
Getting Kristy Loreca really helped me pay off all my debts, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
@VincentFrancis-dd6dh
14 күн бұрын
just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@DaveRondon
14 күн бұрын
Please I'm new to this, how can I get her assistance?
Ya thanks to Biden and his political crap.
@alanbrito706
Ай бұрын
No thanks the the 8 trillion debt left by the maga mob boss!
@mkaberli614
Ай бұрын
Just Biden? You need to give credit where credit is due. If the rest of our politicians were honest and took their oath of office seriously, Biden would be greatly hindered. Besides, only Congress has the power of the purse, but maybe you didn't have Civics in your education system.
@fire-4-effect
Ай бұрын
@@mkaberli614 Great reply..
Trump
@JohnReynolds-ni5lv
Ай бұрын
10,000%
@republicunited2183
Ай бұрын
Yes. We need our great President back!
@occupytosavetheworld
Ай бұрын
@@republicunited2183amen!
FJB
7% on a 150k home is $800 a month. 7% on the now average 400k home is $2300 a month. That's why it is unaffordable. This is just in interest per month.
@smartenuptv7530
Ай бұрын
It's actually even a bit more than that! 30 year. Interest only. Wow!
If people are out of work you don’t need commercial space.
Who didn’t see this coming? It started with the mortgage crisis in 2007 and the Great Recession. They didn’t start rolling back QE until 2022. You can thank the Federal Reserve. Remember back in 2019 when Trump threatened to fire Jerome Powell because he raised interest rates to start rolling back QE? The markets reacted violently. So Powell lowered rates. The Federal Reserve lost it independence that day. Thank the Federal Reserve for inflation and high interest rates.
We are living in very difficult times. I call it the "age of the rip-off". Even here in Europe, housing has become unaffordable. I am German and live in Germany. Most people rent here because condominiums and owner-occupied houses have become unaffordable. In the big German cities, a small condominium already costs several hundred thousand dollars. Even in Europe, the salary of most employees is barely enough for daily survival. People only work to pay the bills. There is hardly anything left over. In Germany, 20% of the population are at risk of poverty. The German press recently reported on this. Best wishes to all! 🇩🇪 🇺🇲
@JackofMasculinity
23 күн бұрын
People can’t even afford rent anymore it’s taking multiple jobs just to pay for shitty no amenity apartments and $500-$800 electric bills in Texas
Bidenomics
Basel lll. The Federal Reserve and B.I.S. are causing this. Currency has to be tied to a finite tangible value. The Organizations We the People look to, to solve the problem, are the very same Organizations that are causing the problems, while absorbing tangible assets.
@user-oe5ey3ex8b
Ай бұрын
There's another option you're not considering. You look at the problem using their defined parameters and particularly the continued use of their fractional reserve fiat currency. Consider that for the first time in history we have the technology to migrate to a totally paperless ecurrency that these globalist bankers can't control or counterfeit. Bitcoin with all its flaws does prove the working concept of distributed ledger blockchain technology. What if we took this blockchain foundation and added a point of sale interface, a credit scoring system, web and mobile interfaces all based on a general ledger database foundation. This would eliminate not only state control over our medium of exchange but also inflation, deflation and the need for charging interest on a loan.
@jtomahawk7825
Ай бұрын
It is the private sector that is causing this issue. Government just has to go with the flow.
@user-oe5ey3ex8b
Ай бұрын
@@jtomahawk7825 The two organizations that William mentioned above are not "government" entities. The Federal Reserve Corporation is a privately owned corporation that is controlled by the same globalist bankers that run the BIS. The root of all our economic problems and many more is the type of fiat currency these organizations lend us to use. It's a ponzi scheme that is in its latter stages of collapse.
@williamabbott9437
Ай бұрын
@@jtomahawk7825 That's what I said. The Federal Reserve and Bank of International Settlements are the Private Sector. Neither the Federal Reserve or Bank of International Settlements are Government Agencies.
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
@KevinClarke9
Ай бұрын
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
@ritalorrigan
Ай бұрын
True, A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@MarkGrimm8
Ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@ritalorrigan
Ай бұрын
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@MarkGrimm8
Ай бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
@Pamela.jess.245
7 күн бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Homebuilders are about to be crushed. They are buying down interest rates so they can keep their revenue high for now and eventually that all ends and they are paying the interest on all these loans. Those stocks are way overvalued.
Home prices doubled in the lowest interest rates in history. Lowering rates will only hurt prices worse
I looked at existing homes for 2 years and all I found was old, outdated, overpriced, junk. Getting new construction built for the same price but all new. Insurance is half the price as well.
Don't worry guys! Residential real estate is going to skyrocket! Keep buying!
My mortgage payment $1750, if I sold and bought back my house, my payment? $5,000!!!!
TRUMP
@iiio12
Ай бұрын
Printed 8 Trillion. Bent to big farma.
@jimmyz5831
Ай бұрын
He was president. Are you richer?
Residential real estate crash.
I bought a house with a 16% mortgage in 82. I refinanced it 3 times as rates dropped.
@mikejones3155
Ай бұрын
Yea but the total cost of the house was probably $50,000 not $750,000… that’s the problem single family homes are selling for outrageous prices
@lvmsoundwave2923
Ай бұрын
@@mikejones3155exactly, the price is the most important factor
See many vacant business locations in Lake/McHenry Counties Illinois.
$20 for 1/2 inch O.S.B is a big reason nobody is building all lumber is through the roof.
Real Estate is no place for the loan dependent & debt laden. Cash is King.
@goldwingerppg5953
Ай бұрын
Tell that to Trump, that’s why he’s in so much financial and legal trouble.
Median house price where I live is $800k. The towns surrounding the small city (which used to be a town 10 years ago) the median house prices are $650-750k. Newly remote corporate folks flooded my area in the last few years and completely upended everything.
In other words the US has to have 0 rates for it to survive
Hello! Why is the fleecing of the tax payer to bail out the banks (but again) not even mentioned in this "report"? When you factor in the resulting effective mortgage rates are closer to 20%. The federal government (definitely not for the people) the fed and banks cullud in this fleecing. (Nice suit Charles)
Rates are Not the problem . Historically High Home Prices are the problem .
No body talking about marriage divorce rates skyrocketing becuz of economy issues??
super good reporting. I took a local "parade of homes" tour... they show off new houses to the public. There was a 3D printed house!! so cool. You could design it anyway you wanted too. Sky's the limit with this new way to build a structure. No wood, or building materials to mold, or decay, termites, etc. Concrete multi walled for strength. Really cool. ultra insulated with the "inner wall". Possible wave of the future!!
Those commercial buildings would make a wonderful free home for the new ones
If houses are sold all cash thats corporations not people dont mistake the 2. Make it illegal for corporations to buy homes, we need to ASAP
FJB broke the markets all of them!!! 🤡🤡💩
@juannevindez6969
Ай бұрын
F J Powell as well
@fire-4-effect
Ай бұрын
Even if he wanted to, Biden could not do this alone. Dust off your middle school civics textbook.
Bidenomics!
Not once did they detail where these foreclosures are occurring. They also didn't compare the foreclosure number to past foreclosure numbers. A lot of information left out here. This is bad reporting and clickbait all wrapped up in one.
You forgot to mention that in residential real estate, big firms like Black Rock are buying a lot of real estate with cash, and there have been a lot of deep pocketed foreign investors doing the same, especially if their economy is in trouble. A lot of the tech firms in particular caved in to their workers desire to "work from home" during the pandemic, and even now (i.e. San Francisco). Hind sight is 20/20, but the overreaction from COVID really killed city economies in many cities, especially downtown.
Before the mortgage crisis there were too many houses so they let anyone with a pulse get one. Then Congress made getting a loan harder so home builders stop building houses since people couldn’t afford them. Well they continued building expensive homes. Now it’s a mess all around for the seller and buyer.
it went down to 2.5 million because of crime
I am all for the rich getting richer. All that wealth is going to trickle down my way, and oh wow, just imagine how awesome that trickle is going to be if the rich get even richer, can you imagine? I love capitalism and our corporations, they are doing this for our benefit, don't you get it? Can hardly wait for that trickle.. one day..
@davidchupp4460
Ай бұрын
Dumb. Stop being part of the problem and become part of the solution. There’s plenty of opportunities available to become part of the upper class. The choice is yours. Stop blaming everyone else. It’ll keep you right there.
@scottowensbyable
Ай бұрын
I love capitalism too. It provided the work I needed to leave poverty behind. Thanks.😊
@philipdamask2279
Ай бұрын
Who do you think is building or producing all the things those rich people are buying? Is your job benefiting?
@Commenter703
Ай бұрын
@@philipdamask2279 You are so right.. i mean, thank God that the jobs pay so well that I can just barely afford the rent and food that keeps going up every year, faaaaar outpacing the real wage growth, thank heavens I am paid enough to survive, thank God i have the opportunity to get an education, and have the option of paying back $300,000 in interest-based loans! It must mean i am getting some incredible education that people 30 years my senior did not receive when tuition was merely a couple thousand a year.. I should thank my lucky stars for my corporate masters. I mean, if it weren't for the jobs these corporations are creating so that I could serve my masters being paid at subsistence levels for the masses, minus the deputized corporate stooges at the corporate level, I don't know if I could find a purpose and meaning in my own life with all that freedom. Yes.. it makes sense that I must fork over MORE of my own money to pay for the same goods and services, and make sure my masters are making record profits at my expense, because oh man, this is called an "investment" into that future i keep hearing from the headmasters.
@lawngnome2758
Ай бұрын
I love socialism, give the government all your money and freedom. They will feed me steak and lobster. All fresh food as much as I need. With socialism my grandmother will have a nice warm home all winter free health care, my kids will get the best education way better off and We wont have to work. It's going to be great 😂
Interest rates are not gonna come down if anyone thinks. $1 trillion of debt from the interest of our national debt is due every 100 days as of now it’s due in 98 days. IMF sends a letter to Congress April of this year warning them of our deficit and that we have no money. Fun times fun times. However America, we will still have our taxes due. We will still have to pay for their mistakes as always sounding a little salty you’re darn right.
Office buildings going down and work from home programs failing. God candian fo. Has had to hire consultants out the wazo cause nothing is getting done
I don’t know why many think one job does the trick. You have always needed some other source of income. One job is average and you want to be better than average.
100% correct but the rent is not "sticky". Rents are going to surge.
This was exactly what I was trying to say, but have not heard anyone speak about this. People automatically say “if interest rates go down, then prices will go up”. But they are not seeing the other side of it too. Interest rates are going up and prices seem to be going up as well. Higher interest rates are keeping sellers from listing their home since they don’t want to buy a new home with the newer high interest rates. I don’t own a home, but I did sell a couple of my cars for way above what I paid for them recently, and I still have not bought a new car because I don’t want to pay for those inflated prices. So I am just waiting on the sidelines for now. An argument against what I think would be the reason why inflation is still up is due to the fed still printing money currently. But I don’t think what I said is not valid either.
New York City's tax base is hollowing out: Apollo Commercial Real Estate (ARI) announced a $1 per share write-down on its Steinway Tower loan. The average whole floor apartment at Steinway Tower has an excellent view of Central Park and runs about $20 million. The Penthouse goes for more than twice that. If this kind of property in NYC is taking significant write-downs it implies a meaningful hollowing out of New York City's tax base.
People are too scared to work in the crime ridden cities
@fire-4-effect
Ай бұрын
People are scared to work, period.
I have a 9 year seasoned 30 year mortgage at 3.325 that's assumable for about 50 % of home value, I would think that this would be a great selling tool as every payment to the lower interest rate mortgage is much less intrest and a lot more principal reduction. Am I missing something?
Lender Processing Services can help! Cook those books!
home prices are still unaffordable even price all the small price drops recently!!!😳😳😳😳
Mmm, people don't have money 😒
Science did that..
@DaMartyr
Ай бұрын
😂
A community of 7500 homes was just approved near my small Arizona town. I cannot phantom that staggering amount of houses... in the desert no-less.
@forgotten320
Ай бұрын
Which then will lead to a water issue.
If care is not taken, the better days we saw yesterday would be difficult to see again in the future.
Builders don't build small homes because there is no money to be made.. the cost per square foot on a 1,700 square house is way higher than on a 3,800 square foot house. Many cost to build.. site work, well/septic or utility hooks ups, survey etc are the same regardless of home size. Even the variable cost get cheaper when you go bigger.
Don’t allow private equity and foreign capital to buy single family homes. This isn’t hard.
Commercial real estate is in big trouble. There is something like $90 Billion in readjusting loans in 2024. And another same amount in 2025. And with rates around 8%, office space could be in a lot of trouble.
It's fvvked for homed buyers !!
It was the best of times. It was the worse of times.
The cost of all the expensive virtue-signalling has still to fully impact the national economy. It's just a matter of time now . . .
Note to sell, buy the biggest home you can in order to get the best value. All the big homes are discounted!
!? 60% of all homes in NY sold for cash in Q1 !?
Good news really Prices are way too high. 20% for middling a sale is fked up 😂
Here's one really simple question: Why hasn't there been an up stick in home building? No one needs to be an expert to understand that's the root of the problem! Who's holding back builders from building? Seems like this is being orchestrated on purpose!
Rents are still to high also!!!
We must remove 100 % of all investment money out of residential resale real estate of four units or less ....
whenever i see these headlines i think about my friend from bb that went into CR in 2007 -Am A bad person for not wanting to reach out and feel his trauma
Mobile homes are the only affordable housing
@stanbarrington
Ай бұрын
Not with ever increasing rental rates! Big biz wants you to go broke.Then abandon your old antique mobile home ,move out so the lots can be sold to developers.
@merovingian688
Ай бұрын
@@stanbarrington My point is it’s a cheap as it gets for home ownership. The average home in my city cost $420,000. My neighbor pays double my mortgage in rent for a smaller home. If you know a cheaper path to ownership millions of people are listening
Why are all freaking about a fed rate of 5.5%?
Any government worker has no problem buying a home.
It’s a club and YOU AIN’T in IT!!
Had rents and home prices not skyrocketed rates would not have to be raised, lower the prices not the rate
Sticky inflation = Hyperinflation? (OED, Compact Edition)
Is anyone looking at Amy Nixon (the blonde) and thinking Breaking Bad Walter White's wife Skyler? :))
Who would want to invest in or buy commercial real estate when more people are working from home more than ever?
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Didn't mr. Buffet tell is this would happen???
The six figure renters would not be buying even if rates were lower. The prices of the homes will not last, and people know it.
Rates at 16% homes were not overpriced!!!!
Make rent control a national thing
We have been in a recession ever since Biden took office 🤷🏻♂️