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Revenge Of The Buyers

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  1. From the 9 minute video above:

    10K+ Houses on the Market… Austin Market Update – September 2022
    Sep 17, 2022 A significant increase in available houses coupled with the new interest rate hike have shifted the real estate market in Austin. Today, I’m covering what is happening in real-time with the Austin housing market as of September of 2022 .

  2. A bus that crashed early Sunday morning in southwest China, killing 27 people and injuring the 20 others on board, was an official government vehicle transporting people under COVID-19 quarantine, local authorities have confirmed.

    The quarantine bus overturned on a highway around 2:40 a.m. between Guiyang – capital of Guizhou province – and nearby Libo county. Following a preliminary investigation, officials said the accident was likely caused by driver fatigue.

    Speaking at a press conference late Sunday, Lin Gang, deputy mayor of Guiyang, bowed deeply and said his administration “sincerely apologizes to the whole society” for the horrific loss of life. He promised a thorough investigation would be carried out into the cause of the accident, and officials would “seriously pursue legal responsibilities for relevant parties,” according to state media.

    As word of the crash spread Sunday, it sparked fury online, with many holding it up as an example of the dangers of China’s draconian COVID-19 policies.

    While Guizhou has seen a spike in coronavirus cases in recent days, with 712 reported Saturday, the highest in the country, it has only recorded two deaths since the pandemic began.

    On social media, locals said those on the bus had been ordered to a quarantine location after a single case was reported in their building.

    One woman, whose mother was among those killed Sunday, blamed COVID policies for her death. Wu Geng said she spoke to her Saturday night, and her mother had just tested negative.

    “I am devastated. I never knew the call last night would be the last time I talked to her,” Ms. Wu wrote on Weibo. “She had not left the house for several days except to take COVID tests, and finally she was taken away for quarantine for no reason and died from that, it’s an ending I cannot accept.”

    https://www.theglobeandmail.com/world/article-china-covid-quarantine-bus-crash/

  3. Orlando, FL Housing Prices Crater 18% YOY As The Toxic Rot Of Subprime Mortgage Defaults Looms Over Florida Housing Market

    https://www.movoto.com/fl/32837/market-trends

    As one national broker conceded, “We’ve been scraping the bottom of the buyer barrel for 15 years or more. Why do you think mortgage defaults are 600% higher than long term trend?”

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