In Houston there has been many 3 and 4 story office buildings turned into Condos...
Money & Economics
- Thread starter bigredfish
- Start date
Sybertiger
Known around here
Storage and medical facilities.
I totally agree with this comment "Yeah any type of Commercial Real Estate is toxic right now." Me and my wife are searching for a small apartment but not the one which costs over 300k. I am a beginner trader who was recently fired from a sales business, so I thought trading on forex will help me. I've just examined the hy markets reviews and am starting. So once again, I don't know how fast will I be able to buy an apartment(
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My luck, probably...they seem to get me when I wake up...
Wonder why they are posting? That is, what is the reason to have a bot signup and post such a post? Is it AI roaming the Internet?
I can’t be sure and could be wrong on that one but they are getting better. I think it’s training for them..?
yeah, I mean that ones
The average cost of buying a condo in a major city: 1. New York – $1.1 million 2. Los Angeles – $575,000 3. Chicago – $350,000....
The Middle Class Is Being Systematically Destroyed
The Middle Class Is Being Systematically Destroyed | ZeroHedge
......You are working as hard as you can, but it seems like there is never enough money at the end of the month.
That is because the game is rigged.
Our system has been so corrupted that now almost all of the economic rewards are being funneled to those at the very top of the food chain.
Meanwhile, the middle class is being absolutely eviscerated, and poverty is spreading like wildfire all over the nation.
The Middle Class Is Being Systematically Destroyed | ZeroHedge
......You are working as hard as you can, but it seems like there is never enough money at the end of the month.
That is because the game is rigged.
Our system has been so corrupted that now almost all of the economic rewards are being funneled to those at the very top of the food chain.
Meanwhile, the middle class is being absolutely eviscerated, and poverty is spreading like wildfire all over the nation.
mat200
IPCT Contributor
- Jan 17, 2017
- 15,416
- 25,978
This is 100% what has happened .. all the other news we are seeing is to distract us from the fundamental truth
"That is because the game is rigged.
Our system has been so corrupted that now almost all of the economic rewards are being funneled to those at the very top of the food chain.
Meanwhile, the middle class is being absolutely eviscerated, and poverty is spreading like wildfire all over the nation. "
mat200
IPCT Contributor
- Jan 17, 2017
- 15,416
- 25,978
Cramer's crew of heroic tech stocks is led by (NVDA) - Get Free Report, which is up 159% for the year, (META) - Get Free Report, up 120%, (TSLA) - Get Free Report, up 66%, (AMZN) - Get Free Report, up 44%, (GOOG) - Get Free Report, up 39%, (MSFT) - Get Free Report, up 38% and (AAPL) - Get Free Report, up 37%.
Just as they’ve peaked….
More free shit for the Free Shit Army!
FHA Floats New Program To Use Taxpayer Cash To Pay Mortgages Of Delinquent Homeowners
FHA Floats New Program To Use Taxpayer Cash To Pay Mortgages Of Delinquent Homeowners | ZeroHedge
Further proving we haven't learned our lessons from the "free stuff" era of Covid "relief" that taxpayers funded and continue to pay for via out of control inflation, the government announced last week it is working on a way toreward people who don't pay their bills "help struggling homeowners meet their mortgage obligations".
The program comes from the Federal Housing Administration, who posted a proposal for feedback on an initiative called "the Payment Supplement Partial Claim", which as the government's press release says, "would allow mortgage servicers to use the FHA Partial Claim both to bring a borrower’s mortgage current and to provide temporary reductions to their monthly mortgage payments for up to five years."
Ironically, the Department is citing high interest rates as a reason for implementing the program, stating "The rapid and steep interest rate increases of the past year have limited the effectiveness of some of FHA’s existing loss mitigation options in assisting borrowers."
Interest rate hikes were, of course, due to out of control inflation, which was the result of government "freebies" for those who couldn't pay their bills to begin with.
Sigh.
FHA Floats New Program To Use Taxpayer Cash To Pay Mortgages Of Delinquent Homeowners
FHA Floats New Program To Use Taxpayer Cash To Pay Mortgages Of Delinquent Homeowners | ZeroHedge
Further proving we haven't learned our lessons from the "free stuff" era of Covid "relief" that taxpayers funded and continue to pay for via out of control inflation, the government announced last week it is working on a way to
The program comes from the Federal Housing Administration, who posted a proposal for feedback on an initiative called "the Payment Supplement Partial Claim", which as the government's press release says, "would allow mortgage servicers to use the FHA Partial Claim both to bring a borrower’s mortgage current and to provide temporary reductions to their monthly mortgage payments for up to five years."
Ironically, the Department is citing high interest rates as a reason for implementing the program, stating "The rapid and steep interest rate increases of the past year have limited the effectiveness of some of FHA’s existing loss mitigation options in assisting borrowers."
Interest rate hikes were, of course, due to out of control inflation, which was the result of government "freebies" for those who couldn't pay their bills to begin with.
Sigh.
This can't end well...
Credit Card Debt Keeps Surging Even As Interest Rates Hit Record High
Credit Card Debt Keeps Surging Even As Interest Rates Hit Record High | ZeroHedge
..... And so the scene for both the next crisis and credit crunch are set, because just like Americans couldn't afford their mortgages in 2008, hoping instead that some greater fool would take it off their hands at the right moment, so too now they are maxing out credit cards (just as rates hit all time high) knowing they will never repay the debt, but instead hope that the coming second round of the bank crisis will allow them to quietly sneak away without repaying their debt... or at least incentivize the socialists in power to make another push to forgive all debts.
Credit Card Debt Keeps Surging Even As Interest Rates Hit Record High
Credit Card Debt Keeps Surging Even As Interest Rates Hit Record High | ZeroHedge
..... And so the scene for both the next crisis and credit crunch are set, because just like Americans couldn't afford their mortgages in 2008, hoping instead that some greater fool would take it off their hands at the right moment, so too now they are maxing out credit cards (just as rates hit all time high) knowing they will never repay the debt, but instead hope that the coming second round of the bank crisis will allow them to quietly sneak away without repaying their debt... or at least incentivize the socialists in power to make another push to forgive all debts.
World Bank: Global Economic Growth Expected To Slow To 2008 Levels
World Bank: Global Economic Growth Expected To Slow To 2008 Levels | ZeroHedge
World Bank: Global Economic Growth Expected To Slow To 2008 Levels | ZeroHedge
Two articles that speak to the same coming change. I would look to the US to expedite a CBDC rollout..
China's Persistent Gold Accumulation: A Seven-Month Surge In Holdings | ZeroHedge
Rickards: The Coming Shock To The Global Monetary System | ZeroHedge
China's Persistent Gold Accumulation: A Seven-Month Surge In Holdings | ZeroHedge
Rickards: The Coming Shock To The Global Monetary System | ZeroHedge
