A report from Bloomberg. "The world’s biggest bond market sold off after another hot inflation…
This Post Has 3 Comments
From the first 14:17 video:
Ponzi or Pyramid Scheme? Should You Buy Now? 2023 Canadian Real Estate Market
Jon Flynn Broker of Record, Flynn Real Estate Inc.
May 2, 2023
Check out the latest data from the 2023 Edition of the Canadian Housing Bubble. I go through the latest real estate headlines, give my opinion on buying and selling, and dissect April’s real estate statistics to see what’s really happening.
The second 7:39 video:
Homosassa Springs Florida – Citrus County Housing Market: Pending Sales Down!
Florida Real Estate Market with Josh Bryan
May 2, 2023
Homosassa Springs Florida – Citrus County Housing Market: Pending Sales Down!
The third 10:23 video:
Pre-construction Homeowners AT RISK – Toronto Area Builder Accused of $37M Fraud Scheme
Prime Properties TO
May 2, 2023 CANADA
The fourth 6 minute video:
#KIRKLAND HOMES LOST 239K APR22/23 #seattlerealestate
Victor Ashley Real Estate
May 2, 2023 SEATTLE
Victor Ashley reviews the Kirkland #neighborhood #98034 of #Seattle WA and compares #homeaffordability to the average household in the #seattlerealestate market as well as provides #homebuyingtips & #homebuyingguide to #firsttimehomebuyers & anyone curious to the market.
The fifth 12:19 video:
Are You Feeling The Pressure In Brampton, Mississauga & Durham Real Estate? – April 26
Team Sessa Real Estate
May 3, 2023
Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of April 20 – April 26, 2023.
Amazon ‘Aggregators’ Who Raised $16 Billion Are Now Teetering
Loan terms negotiated before the downturn could potentially hinder consolidation. Lenders put protections in place to prevent aggregators from selling their assets below a certain amount, much like a bank preventing the sale of a home for less than what’s owed on a mortgage.
Since many brands sold on Amazon are now less valuable, loan covenants will have to be revised for deals to go through, said John Fang, co-founder and managing partner at Two Roads Advisors, a boutique investment bank in New York that has worked on about a dozen aggregator transactions.
“We’re aware of these covenants, and we’re working with new money to structure around [the issue] without overpaying for assets,” Fang said.
“A lot of these aggregators are kind of like zombie companies just burning through cash unless their lenders are willing to take massive haircuts,” said one dinner attendee, who spoke on condition of anonymity because the conversations were private. “Everyone is kind of screwed at this point.”
…over the past few years have shelled out tens of millions of dollars for tea kettles, foot massagers, peppermint-based jock-itch remedies, medicine balls, magnetic eyeglass holders, air purifiers and more.
I believe that is the Appalachian Flea Market business model.
From the first 14:17 video:
Ponzi or Pyramid Scheme? Should You Buy Now? 2023 Canadian Real Estate Market
Jon Flynn Broker of Record, Flynn Real Estate Inc.
May 2, 2023
Check out the latest data from the 2023 Edition of the Canadian Housing Bubble. I go through the latest real estate headlines, give my opinion on buying and selling, and dissect April’s real estate statistics to see what’s really happening.
The second 7:39 video:
Homosassa Springs Florida – Citrus County Housing Market: Pending Sales Down!
Florida Real Estate Market with Josh Bryan
May 2, 2023
Homosassa Springs Florida – Citrus County Housing Market: Pending Sales Down!
The third 10:23 video:
Pre-construction Homeowners AT RISK – Toronto Area Builder Accused of $37M Fraud Scheme
Prime Properties TO
May 2, 2023 CANADA
The fourth 6 minute video:
#KIRKLAND HOMES LOST 239K APR22/23 #seattlerealestate
Victor Ashley Real Estate
May 2, 2023 SEATTLE
Victor Ashley reviews the Kirkland #neighborhood #98034 of #Seattle WA and compares #homeaffordability to the average household in the #seattlerealestate market as well as provides #homebuyingtips & #homebuyingguide to #firsttimehomebuyers & anyone curious to the market.
The fifth 12:19 video:
Are You Feeling The Pressure In Brampton, Mississauga & Durham Real Estate? – April 26
Team Sessa Real Estate
May 3, 2023
Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of April 20 – April 26, 2023.
Amazon ‘Aggregators’ Who Raised $16 Billion Are Now Teetering
Loan terms negotiated before the downturn could potentially hinder consolidation. Lenders put protections in place to prevent aggregators from selling their assets below a certain amount, much like a bank preventing the sale of a home for less than what’s owed on a mortgage.
Since many brands sold on Amazon are now less valuable, loan covenants will have to be revised for deals to go through, said John Fang, co-founder and managing partner at Two Roads Advisors, a boutique investment bank in New York that has worked on about a dozen aggregator transactions.
“We’re aware of these covenants, and we’re working with new money to structure around [the issue] without overpaying for assets,” Fang said.
“A lot of these aggregators are kind of like zombie companies just burning through cash unless their lenders are willing to take massive haircuts,” said one dinner attendee, who spoke on condition of anonymity because the conversations were private. “Everyone is kind of screwed at this point.”
https://www.msn.com/en-us/money/companies/amazon-aggregators-who-raised-16-billion-are-now-teetering/ar-AA1aGKgn
…over the past few years have shelled out tens of millions of dollars for tea kettles, foot massagers, peppermint-based jock-itch remedies, medicine balls, magnetic eyeglass holders, air purifiers and more.
I believe that is the Appalachian Flea Market business model.