Money & Economics
- Thread starter bigredfish
- Start date
No, not at all. Either renting at high prices or holding inventory off market will make prices higher for open market sales.
Ok sure. In select markets.
But Ive yet to see anyone make a case that the national level core problem is investors buying up homes. They're opportunists taking advantage, its adding fuel to the fire no doubt. But I just dont believe thats the core cause.
But Ive yet to see anyone make a case that the national level core problem is investors buying up homes. They're opportunists taking advantage, its adding fuel to the fire no doubt. But I just dont believe thats the core cause.
mat200
IPCT Contributor
- Jan 17, 2017
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also
0% interest rates encouraged more larger financial players like Black Rock to look for better ROI on their money, so get massive "Rent single family homes to Americans" move from REIT and the like.
Also, got a lot of Chinese looking to invest the US Dollars they got from exports into the USA into Real Estate ( Canada, Australia, USA .. )
My son being a Surveyor has done several surveys where Black Rock has built entire subdivisions/communities of Rental only homes...
Yeah we have a couple here.
But going from $3Trillion to $37$trillion in funny money in 10-15 years is what created the beast.
Same reason lots of things are %200-%500 more than they were before 2019 or so
But going from $3Trillion to $37$trillion in funny money in 10-15 years is what created the beast.
Same reason lots of things are %200-%500 more than they were before 2019 or so
In our old neighborhood, there was a high percentage of Investors buying the homes for sale and turning them into Rental property, Some Rentals was previous owners but I know of 2 personally that ended up selling to an Investment company since dealing with renters was too much for them.
I can say at least 40-50% of the homes sold in the 10 years we lived there turned into Rentals. When we moved in, none of the houses across the street or behind us were Rentals. When we left, all 3 houses across the street from us and a few behind us were rentals. Glad we moved...
Same but all by individual investors.
Zillow tried it about 5-6 years ago and lost their ass and got out of it.
Zillow tried it about 5-6 years ago and lost their ass and got out of it.
Something about not allowing ownership of property comes to mind…just sayin…
Don't read this is you want to cheer Trump's Big Beautiful economy. Don't want to burst your bubble
www.zerohedge.com
10 Economic Facts That Nobody Can Deny
10 Economic Facts That Nobody Can Deny | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
It's good to read articles like this for general awareness, but I'll claim this is an example of a BS bleeding heart article on ZH. Not everything of course is false, but bold general claims are built upon shaky evidence or short term blips.
Sales of previously-owned homes in the United States hit their lowest rate in nine months. Could be the start of a trend, but 1 month's data doesn't mean squat.
It is being reported that millions of Americans that are on existing health insurance plans will be hit with “double-digit rate hikes” next year…
Sure this will hurt, but it's caused by government political games and blundering, not the economy.
25% of BNPL users say they’ve used the loans to buy groceries. That’s up from 14% just a year ago,
Without stating the number of users compared to the general population, this doesn't relate to the overall big picture economy.
The official rate of inflation just increased at the fastest pace that we have seen in 5 months…
One month blip of totally phony data.
According to another recent survey, nearly 70 percent of Americans are feeling “anxiety and depression” because of the state of their finances…
One of those surveys that can come to any conclusion that the designers of the survey wanted.
The percentage of the U.S. population that is dealing with food insecurity has almost doubled over the past four years…
Whenever I see that phrase "food insecurity", I label the article as woke liberal BS. Probably a hundred different definitions for it.
I agree that the economy sucks, Trump isn't making it much if any better for the long term, and the integrity of this article also sucks.
Each of those has been widely reported over the past few months. It’s not new.
The point of the article was that things are not as rosy as some public officials would have you believe.
It’s a solid article with citations
The point of the article was that things are not as rosy as some public officials would have you believe.
It’s a solid article with citations
Here another
www.zerohedge.com
US New Home Sales Disappoint In June As Prices Plunge
US New Home Sales Disappoint In June As Prices Plunge | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Govt source. Must be valid huh?
www.zerohedge.com
PMI Surveys Show Manufacturing Slump, Services Jump In July
PMI Surveys Show Manufacturing Slump, Services Jump In July | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
I have not seen much change, housing yes I have seen some decrease since we sold our house end of summer last year, I still check housing prices in our old neighborhood/area. Gas, love it, has been steady and low, IMO. Groceries have not gone up, some things have gone down, not much though. Ins., well I saw an increase last year, huge, then this year around the same, it has not come down, but that is from family/friends in the big city. Out here in the country, slight increase from 2 years ago when we moved here but way, way much lower than in the city. New truck added to our Ins. and rates did not go up, this country county is about a 1/3 less than big city county and Home Ins. half the price. Prices of goods, even with tariffs or threat of, I have not seen any increases in products, been buying alot online these last two years since we moved, hand tools mainly...
BUT, I am semi-retired, so not out in the Corporate world, economy I can not really comment on, stocks have rebound I see, Dow 5% YTD, that is good...don't hear of massive layoffs with companies, only hearing Gov't jobs/contracts on hold...
Maybe I am blind and I know many people are nervous about tariffs but I have not had one family member or friend lose a job or complain about the economy. Actually two family members got promotions with great increases in pay in the last two months, we had a family get together celebrating one of them...
BUT, Just my 2 cents.
BUT, I am semi-retired, so not out in the Corporate world, economy I can not really comment on, stocks have rebound I see, Dow 5% YTD, that is good...don't hear of massive layoffs with companies, only hearing Gov't jobs/contracts on hold...
Maybe I am blind and I know many people are nervous about tariffs but I have not had one family member or friend lose a job or complain about the economy. Actually two family members got promotions with great increases in pay in the last two months, we had a family get together celebrating one of them...
BUT, Just my 2 cents.
Inflation doesnt seem as bad as it has been the past 4-5 years . Healthcare cost is not showing any signs of slowing down and many reports by the Ins companies themselves say they're looking for a 15% min increase for '26.
I dont see most of the daily goods going up either, but they sure aint going down here.
I dont see most of the daily goods going up either, but they sure aint going down here.
Agree with the first sentence. On the second one, maybe we need to meet someday at the OK corral to settle things. The article is about as solid as political polls and promises. And not a peep about No Tax on Social Security putting thousands into everybody's pockets
LOL I dont think it was meant to replace all financial sources in one article. But each is a rather current trend/issue widely reported.
I read it as confirming 80%+ of what I have read elsewhere in the past couple of weeks. There's nothing particularly earth shattering in it.
You obviously didnt get your $10,000 raise yet either?
Maybe they'll hit on your hot buttons next month
I read it as confirming 80%+ of what I have read elsewhere in the past couple of weeks. There's nothing particularly earth shattering in it.
You obviously didnt get your $10,000 raise yet either?
Maybe they'll hit on your hot buttons next month
Blasphemers I know …
www.newsweek.com
time.com
ACA Insurance
www.kff.org
www.foxbusiness.com
Electricity prices are soaring under Donald Trump
Average costs have risen around 6 percent since January, official data shows.
www.newsweek.com
Why Ground Beef Prices Are Hitting Record-Highs in the U.S.
Here’s a breakdown of what’s behind the soaring prices of ground beef, according to the experts.
time.com
ACA Insurance
Individual Market Insurers Requesting Largest Premium Increases in More Than 5 Years | KFF
This analysis of preliminary rate filings submitted by 105 ACA Marketplace insurers in 19 states and DC shows that ACA Marketplace insurers are requesting a median premium increase of 15% for 2026, which would represent the largest hike in premiums since 2018, the last time policy uncertainty...
www.kff.org
Home prices reach record high in June – these states are the most expensive
Record home prices and elevated mortgage rates keep first-time buyers out of the market, with sales declining in most regions as experts cite years of housing undersupply.
www.foxbusiness.com
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