The ratio of US home prices to rents is historically high with the price rent ratio about 6% higher than in the lead up to the housing collapse of 2006 to 2011
Recently, Headlines have stated ‘rents are down’ or are ‘soon to fall’ yet most places are still experiencing the highest rents in history
The housing issue is also due to the high interest rates as well as ESG companies like Blackrock buying housing above market price
The prices Blackrock is paying is far beyond what the average citizen can afford
What were witnessing is the controlled demolition of the private (former) personally owned/rented housing market
Top-Down consolidation
Americas future isn’t looking to great
British man attacked for entering a ‘no-go zone’ in London.
A horde of Islamists surrounded him and questioned why he was in ‘their’ neighborhood.
They threatened him and began chanting ‘Allahu Akbar’ as they kicked him out.
A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in today’s dollars.
That shortfall—more than $600,000 per couple—is being made up by younger workers.
“Most of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behind”
https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619