Threads
A friendly reminder that we are in the biggest housing bubble of all-time. Inflation-adjusted home prices today are almost 100% higher than the long-term, 130-year average. Only...
A massive housing bubble has developed, and is about to pop, in the South. The number of new homes for sale in the Southern Region (FL, GA, TN, TX, etc.) has spiked up to nearly 3...
The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the are...
Mortgage rates back to 7%. Meaning that the cost to buy a house in America is now approaching $2,700/month when including mortgage, tax, insurance, and maintenance. Meanwhile, co...
Money Supply contracts again in March. ๐ This is a massive economic warning. Money Supply contraction hasn't happened in 90 years. Only other times it has happened we had Depress...
The Fed will pivot once the Unemployment Rate goes above Inflation. ๐ Inflation currently 5.0% YoY ๐ตUnemployment Rate at 3.6% Not quite there yet. But getting close. A bad jobs...
When the Money Supply Contracts๐, banks start collapsing.โ This trend is very predictable. Each time the money supply has contracted in last 150 years, we've had a banking crisis....
WARNING: the Money Supply is officially contracting. ๐ This has only happened 4 previous times in last 150 years. Each time a Depression with double-digit unemployment rates foll...
Wall Street Homebuyers are running out of money. โ In Pandemic Boom they raised $32 Billion to fund home purchases.๐ Last 3 quarters? Only $3 Billion. Very soon they will need t...
This is scary. ๐ฌ KB Homes, a large home builder, just reported a 68% CANCEL RATE. Meaning that over 2/3 of Homebuyers walked away from their contracts in the quarter. Leaving KB...
There's too many Realtors. 1.6 Million currently registered with NAR. That's higher than 2007 Bubble. ๐30% of Realtors will likely quit during this Housing Crash. Once that happ...
๐The Demographic Decline of America. For first time EVER, there's more People Living Alone (37.9M) than Households with a Child (33.9M) BAD NEWS for future of Society and Housin...