Could Pricey Urban Meccas Become Crime-Ridden Ghost Towns?
As the exodus gathers momentum, all the reasons people clung so rabidly to urban meccas decay…
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Charles Hugh Smith: Burnout Nation
The economic and financial stresses will exceed the workforce’s carrying capacity in the next recession.
Continue readingThe US Housing Market Is In A Freefall As New Buyers Can’t Afford A Home
It is troubling that Americans are unable to afford home purchases with 30-year mortgages at just 4.5%. Here’s an update on the troubled housing market…
Continue readingPending Home Sales Crash 7.7% For Biggest Drop In Four Years
There was hope for a rebound in US housing indicators, but that hope was dashed after home sales dropped again in November. Here are the details…
Continue readingCollapse In US Home Sales Confirms ‘Peak Unaffordability’
Signs of softness are beginning to emerge in the US housing market as home sales slump while unaffordability peaks. Here are the details…
Continue readingSan Francisco’s Wealthy Leftists Are Making Homelessness Worse
“The situation has come to a head…result of progressive conservatism primed with the power of centralized (governmental) authority….”
Continue readingHarvard Trained Economist: Is Trump Right About The Fed Being Crazy, Or Is Trump Acting Crazy?
Harry Dent has a message for President Trump: You can’t have your cake and eat it too! Here’s what Trump is trying to do, and why it won’t work…
Continue readingMore Housing Market Warning Signs: US Foreclosures Rise For First Time In Three Years
As more data keeps coming in, it seems more and more the US housing market has hit a downward inflection point. Here are the details…
Continue readingHarvard Trained Economist Warns The Middle Class: A PAINFUL Housing Correction Is Due
Harry Dent says to keep the American Dream alive, we need a painful correction in home prices, and there are consequences for Baby Boomers…
Continue readingThere’s Trouble Ahead For The Housing Market (In The U.S. And Globally)
The tranquil “free ride” the financial and housing markets have had for nearly a decade are ending. Here’s the details…
Continue readingExisting Home Sales Slump As Housing Affordability Is Now Becoming A Crisis
“The housing affordability issue is becoming a crisis”. Here’s why…
Continue readingThe Three Stage Housing Bubble Collapse Ends With A Median Home Price Of $40,000
SRSrocco says, “Either way, the notion that real estate values will always rise in the future will be DEAD for GOOD as the market is…”
Continue readingTexas Realtor: The Fed Has Successfully DESTROYED The U.S. Housing Market
It’s not often someone publicly calls their own industry “destroyed”, but today we get just that. Here’s just how destroyed the market has become…
Continue readingWe Are Overdue For The Next Mortgage Liquidity Crisis
“This is hardly surprising given homes are not affordable. The crash clock is ticking…” Here’s why…
Continue readingThe Average Worker Can’t Afford To Buy A Home In About 70% Of All American Counties
“Continuing with the trend of home prices rising more than twice as quickly as wages, home-price appreciation outpaced wage growth in…”
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