#BIG_GOV | #Section_8 #Housing_Crisis 2021 – You Have Been #Warned!
Who would have thought that when the #pandemic struck last spring that single-family housing would go on such a stellar run?
Not me. But housing has been on a tear. Home sales, homebuilding and especially house #prices have #surged.
Despite being #overvalued, there is #no_sign the housing market is in a bubble. .
Disclaim..
#Surging_prices #no_sign #overvalued #SURGED #prices #pandemic #warned #Housing_Crisis #Section_8 #BIG_GOV
#International_Tech_News | #BIG_GOV | #MEMORY_LANE | #FIRST_PERFECT_STORM.
I can recalled the first PERFECT STORM (2008 #Housing_Crisis).
#Hurricane_Katrina obliviated New Orleans, #Louisiana. (Tea Cup Flood & the Home of BIG #Offshore #OIL_DRILLING --Bell Chase) | #SUPPLY_CHAINS
All Electrical EMERGENCY Supplies SHIPPED to Louisiana.
All Concrete bought up by #China (Coincidence?).
#Delayed #New_Construction Closings by 6 months to a #year.
#year #New_Construction #delayed #china #Supply_chains #OIL_DRILLING #OffShore #louisiana #Hurricane_Katrina #Housing_Crisis #FIRST_PERFECT_STORM #Memory_Lane #BIG_GOV #INTERNATIONAL_TECH_NEWS
#INTERNATIONAL_TECH_NEWS | #BIG_FINANCE | #America's Looming #Housing_Crisis
#Working_Americans are being #priced_out of the #housing_market, #rent is #skyrocketing, and #investment_firms are #snatching up all the homes to turn into #rental_properties.
What's going on here? Why is all this happening, and is there anything we can do to stop it?
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#rental_properties #snatching #investment_firms #skyrocketing #rent #housing_market #priced_out #Working_Americans #Housing_Crisis #america #Big_Finance #INTERNATIONAL_TECH_NEWS