Reventure Consulting teaches home buyers and real estate investors how to use data to make smarter investment decisions. By combining data from a variety of sources - including the US Census, BLS, Zillow, and Apartments.com - Reventure has developed a suite of analytics to home buyers and real estate investors make more educated decisions about where and when to buy real estate.
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it is too easy to borrow money for anything in this country this needs to stop, people are irresponsible people should only be allowed to borrow if they buy Real Estate period
People buying at this point don't understand that they are the final bag holders when this collapses. I would be taking the money and running and retiring elsewhere instead of upping the ante by buying these dogs just so I could pay higher taxes and work even harder.
Not only do we live paycheck to paycheck, we live that way with having a second job or side gig. I just spoke with some high schoolers this week who have 2 jobs over the summer so that their family can afford things (some of them with single moms). That's absolutely insane.
😂 if they cant figure out there issue there blind .... to expensive for the current economy poor quality small portions slow service and shitty bland locations .... dust off the old mc Donald's bring back the color to locations play pits ect and for god sakes most importantly fix affordability quality and portion size
If you dig deeper into the data, this is exactly what you saw in the 70s in the U.K., the 90s in Japan, and 100 years ago in the U.S. The working classes are leveraged to the max, can't afford to move up into the middle class, and the wealthy are still in excess mode. Meaning the entire support structure for the economy collapses and you enter a not a simple recession, but the almighty lost decade scenario as the working classes have lost all momentum and fall backwards in a failed bid to move forward due to excessive greed by those at the top/government. So the entire consumer-based and service-based economy cycle hits a brick wall and stops. Nobody can spend because they are broke or spent too much, retailers don't have customers, nobody can pay for services, and the wealthy were stuck believing that the party would last forever - but are too few to hold it up all by themselves in the end.
The last time my wife and I ate at McDonalds was on a trip north to the casino. That was over a month ago. Yesterday we stopped at Arby's because we wanted to try their burgers. In each case we shared a median fry and had water to drink.
You aren’t going into depth why Florida or Texas has a hike in home inventory. For Florida is due to a hike in taxes which are making home owners pay more than usual so for the ones that can’t pay are selling. As for Texas, big tech companies are leaving Texas which cause those home owners to force to sell their homes and move to where the company are going. In Texas Apple and Tesla had a layoff spree as well. So don’t forget that too!
Excellent post. California does have a history of severe real estate price drops. I remember the one in the early '90's. I suffered all the way through it. I remember the one in 2007-2012. I did it right that time and bought low. Lot's of very pertinent and accurate information here..Thanks!
My 17 y/o car already has duct tape on it to keep parts attached and it runs just fine. I am keeping my beater and I will just buy more duct tape the same color as the car. I am not buying a car if I can avoid it. I am making an effort to look poor so the crazy people do not target me and my beater. I can afford to buy a new car and pay cash but now is not the time.
Number one..... Hurricane katrina, bankrupted nine insurance risk pools. If you don't know what a risk pool is. You probably shouldn't be so, hyper sensationalist over, insurance rates. Number two... Insurance as you know it, was invented by the world's greatest con man. The yellow kid. He called it, a math heist. Number three, think about that for a minute..... Your bank, requires you to participate, in a math heist, but only if you want to get a loan through them? What does that tell you about your bank? Number four. Your politicians force you to participate, in the con man's math heist. As a form of governance. What does that tell you about your politicians?
