This Is How The Year Is Ending
https://www.youtube.com/watch?v=45xYA9vgADQ https://www.youtube.com/watch?v=7ZsnZXtDXzw
Modern Monetary Theory Is True, As Long As Nobody Believes It’s True
A report from the Union Tribune in California. "San Diego County's home price has dropped for the sixth month and is close to erasing all yearly price gains. Jeff Grant, owner and agent with Sand & Sea Investments, has a…
Sad After Buying A House?
https://www.youtube.com/watch?v=3Gu-rRbysWo https://www.youtube.com/watch?v=s30jnHIUlAE https://www.youtube.com/watch?v=xJTBOijOxrc
The Times Of Too High Price Mean Almost Everything Will Be Believed For A Little While
A report from the Dallas Morning News. "'There’s no doubt about it, the market is slowing down from a very high peak,' said Texas A&M economist Jim Gaines. Homebuilders also saw a dramatic decline in sales that led them to…
The Grinch That Stole Christmas
https://www.youtube.com/watch?v=CvpwDVzUijk https://www.youtube.com/watch?v=9UKPSBRVWpc
There Were All These High Hopes And Now Everything Is Stuck
A report from the Boston Globe in Massachusetts. "For the two decades Erika Patino’s parents owned their modest two-family in Hyde Park, the house was a rock for them, their ticket to economic stability. As federal and state rental assistance…
Historical Precedent Suggests The ‘Last Batch’ Of Buyers Often Become Resentful
A report from NPR. "'People are stuck,' says Lawrence Yun, chief economist with the National Association of Realtors. Yun and others describe the market as frozen, one in which home sales activity has declined for 10 months straight, according to…
The Number Of Chickens You Have To Forgo To Buy A House Is Unlikely To Keep Plummeting Forever!
A weekend topic starting with The Atlantic. "Timing isn’t the only external factor determining whether homeownership 'works' for Americans. Paying off a mortgage is a form of 'forced savings,' in which people save by paying for shelter rather than consciously…
New Home Liquidation Sale
https://www.youtube.com/watch?v=OtoNuW8iJRQ https://www.youtube.com/watch?v=WPw7XQ-7k3M
Over-Eager Investors Who Took Advantage Of Low Interest Rates Bought Houses At A Premium Under The Impression It Was Going To Be Like That Forever
A weekend topic starting with the Los Angeles Times. "While it's hard to predict what comes next, economists said it's doubtful rates will fall back to 3% or below anytime soon. That's in part because such rock-bottom rates were the…