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
🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.