Published by Forbes.com | May 18, 2023 Natural disasters tend to temporarily halt the housing market in affected areas. If the U.S. hits the debt ceiling, expect a similar effect on the housing market. If the United States breaches the debt ceiling, it would hit the housing market like a natural disaster. Whenever there is …
A Debt-Ceiling Crisis Would Hit The Housing Market Like A Hurricane Read More »
Published by RT.com | May 6, 2023 The U.S. banking sector has recently been hit by a major crisis Almost half of the 4,800 banks in the U.S. are nearly insolvent, as they have burned through their capital buffers, The Telegraph reported earlier this week, citing a group of banking experts. According to Professor Amit …
Published by FOX Business | May 1, 2023 Berkshire’s Charlie Munger issues warning for U.S. commercial property market Berkshire Hathaway Vice-Chair Charlie Munger said Monday that a storm is brewing in the U.S. commercial property market. As property prices fall, Munger said American banks are “full of bad loans.” “It’s not nearly as bad as it was in …
Billionaire Mogul Warns a Storm is Coming in the Real Estate Sector Read More »
Atlanta Federal Reserve reports U.S. households have to spend nearly 43% of their monthly income to afford the median home price
Published by CNBC Finance | March 10, 2023 Customers withdrew a staggering $42 billion of deposits by the end of Thursday, March 9 2023, according to a California regulatory filing. Silicon Valley Bank was a well-capitalized institution seeking to raise some funds. Within 48 hours, a panic induced by the very venture capital community that …
How The Second-Biggest Bank Collapse in U.S. History Happened in Just 48 Hours Read More »
Published by Fox Business | March 2, 2023 U.S. housing market faces affordability crunch, threat of ‘deep’ price slide U.S. home prices could tumble as much as 20 percent as the highest mortgage rates in two decades threaten to trigger a “deep global housing slide,” according to research from the Federal Reserve Bank of Dallas. …
Fed Economist: U.S. Home Prices Could Plunge 20% Amid Risk of ‘Deep’ Housing Slide Read More »
Published by Forbes.com | January 31, 2o23 Only in 10 of the 50 largest U.S. cities can two full-time workers earning minimum wage comfortably afford a typical two-bedroom rental. Nationally, four minimum-wage workers would have to double up in both bedrooms to not stretch their budgets, finds a new Zillow analysis shining a light on …
Here’s Why Renters Need To Work More Hours To Afford Rent Read More »
Published by Breitbart News | January 27, 2023 Roughly a quarter of millennials say their parents cover their rent, and 35 percent of U.S. adults say their parents still pay for at least one of their bills, a new poll found. The New York Post reported on the survey Friday, which was conducted with 2,000 Americans by OnePoll …
Poll: 1 in 4 Millennials Say Parents Cover Their Rent Read More »
Published by Forbes.com | January 25, 2023 A set of principles may be good in concept, but they don’t come close to addressing the big problems of skyrocketed rents or the imbalance of power between landlords and tenants. The Biden administration released its promised game plan to “protect renters and promote rental affordability.” The accompanying White House Blueprint …
Published by FOX Business | January 14, 2023 Moving companies say some hot spots are Texas, Florida, and the Carolinas. It’s a trend that’s continued since the pandemic; many Americans are moving to a different state. Moving companies say some hot spots are Texas, Florida, and the Carolinas. One moving company says retiring Baby Boomers are …
Texas, Florida, Carolinas Among Most Moved To States in 2022 Read More »
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