personal finance
Mortgage rates above 7% continue to plague existing-home sales, which are "stuck"...
Bidenomics 101: the American dream of owning a home has become the American nightmare for almost half of the entire population...
“The combination of high mortgage rates and prices have brought homebuyers’ median monthly housing payment to a record $2,775, up 11 percent year over year...”
...the situation is more accurately described as more people exiting certain blue states – e.g. New York and California – and heading to other states in general...
...final regs to enforce 2019 law may finally come later this year
...our Wetware 1.0 instantiated around 200,000 years ago leads us to respond in a very limited number of ways to threats and windfalls.
It's nice to anticipate sunny weather, but it's a good idea to carry an umbrella just in case the forecasts prove overly optimistic...
"...home sales are stuck because interest rates have not made any major moves..."
In the real world labor market, 2024 has been a shitshow of layoffs...
Establishment media sources lie incessantly about our financial conditions, and when they are finally cornered and forced to admit how bad things are, they then lie about the causes...
By examining the ratio of costs to salary, a new study ranked the top 10 most expensive nations for higher education.
We’re well into what I’ve long called The Greater Depression...
9 of the 10 are 'Republican' (voted for Trump) states...
...this could happen as soon as 2031 if the administration was to shoulder a high volume of costs in the upcoming years...
...the system will have to grab enough collateral to fund itself while collateral evaporates in the deflation of the Everything Bubble. This will truly be a case of TINA - there is no alternative.
“Bidenomics" hasn’t worked out very well for most Americans...
...remember, Joe said they have 'lowered inflation' (not prices)...
The top ten richest people in Asia have a total net worth of $542.1 billion...
Despite a slowdown in home sales, the total value of homes increased $2.4 trillion last year as low inventory levels pushed up prices...