@Catelli the only thing that will create change in the housing crisis is to establish (again) a powerful #nonprofit development organization that can successfully compete with the deep-pocketed profiteering developers. It worked before and will again, but there is no political will to go against this heavily influential group of lobbyists who effectively run the provinces. Affordable housing will never be produced by these companies, and they will inevitably crash the market. #HousingBubble
While I was half-awake early this morning, roused by two noisy renovation sites across the street and two doors down, I remembered the last time there was this much construction activity, 2007-2008. We all know what happened in 2008. I’m seeing (unscientifically) all the hallmarks of a real estate bubble. #HousingBubble
My heart fucking bleeds. #Realtors pushing clients to go $50K over asking price is the reason we have a housing price bubble in the first place.
#HousingBubble #GreedyRealtors
https://www.curbed.com/2023/02/boomer-dads-realtors-nuts-millennial-gen-z-buyers.html
#greedyrealtors #housingbubble #realtors
What is the global financial crisis and its impact on the global economy - The Global Financial Crisis was a widespread economic downturn th... - https://cointelegraph.com/news/what-is-the-global-financial-crisis-and-its-impact-on-the-global-economy #subprimemortgages #financialcrisis #housingbubble #bankruns
#bankruns #housingbubble #financialcrisis #subprimemortgages
Who agree here?
"Home ownership is the West's biggest economic-policy mistake" https://www.economist.com/leaders/2020/01/16/home-ownership-is-the-wests-biggest-economic-policy-mistake #housing #housingBubble #urbanPlanning
(me, I don't know. Most of the time, I feel it is a mistake, in the sense described there, but surely not the biggest).
#housing #housingbubble #urbanplanning
The standard Irish home now costs 7.7 times the average wage https://www.dublinlive.ie/news/property/dublin-homes-average-salary-needed-25884218 #GovernmentByIncompetence #Housing #HousingBubble
#governmentbyincompetence #housing #housingbubble
#HomeSales drop for a record 10th straight month
https://newstarget.com/2022-12-26-home-sales-drop-for-10th-straight-month.html
#HousingCollapse #housingbubble #homesales
#HomeSales drop for a record 10th straight month
https://www.naturalnews.com/2022-12-26-home-sales-drop-for-10th-straight-month.html
#HousingCollapse #housingbubble #homesales
Insanity - #HousePrices to rise - only massive building by councils will stop this #HousingBubble https://www.irishtimes.com/ireland/housing-planning/2022/12/06/rent-inflation-pushing-more-people-to-buy-industry-group-warns/
2/2
Housing is a necessity, especially during a time of housing shortage. Housing should not be considered a "great investment opportunity".
Two other houses in the area—one very obviously a flip as it was listed 3 months after purchase and a quick reno— have been withdrawn from the market, after more than 3 months of listing. Good.
#halifaxrealestate
#canadianrealestate
#housingmarket
#housingbubble
#housingbubble #housingmarket #canadianrealestate #halifaxrealestate
Magnificent graph that even a public school graduate can understand. The only way to move the orange dot back to the line is to low interest rates massively or drop prices massively. #housingbubble
#HomePrices could #crash by 20 percent next year, expert warns #MarketCrash #HousingBubble
https://newstarget.com/2022-09-02-home-prices-could-crash-20percent-next-year.html
#housingbubble #marketcrash #crash #homeprices
#HomePrices could #crash by 20 percent next year, expert warns #MarketCrash #HousingBubble
https://newstarget.com/2022-09-02-home-prices-could-crash-20percent-next-year.html
#housingbubble #marketcrash #crash #homeprices
#HomePrices could #crash by 20 percent next year, expert warns #MarketCrash
https://www.naturalnews.com/2022-09-02-home-prices-could-crash-20percent-next-year.html
#housingbubble #marketcrash #crash #homeprices
#HomePrices could #crash by 20 percent next year, expert warns #MarketCrash
https://www.naturalnews.com/2022-09-02-home-prices-could-crash-20percent-next-year.html
#housingbubble #marketcrash #crash #homeprices
"#Huawei #Warns of Long #Global #recession Targets ‘Survival’"
https://www.asiafinancial.com/huawei-warns-of-long-global-recession-targets-survival
What will #arise out of the #ashes of #capitalism 🤔
#capitalism #ashes #arise #housingbubble #recession #global #warns #huawei
""Es geht ums #Überleben" Huawei-Gründer schwört #Chinesen auf #schwere #Zeiten ein"
#nicht #witzig #housingbubble #zeiten #Schwere #chinesen #Überleben
Taken together, however, the conditions for Housing Bubble 2.0 are certainly present.
https://newstarget.com/2022-05-15-signs-point-housing-bubble-widening-price-income-gap.html
#housingmarketcollapse #housingbubble
Taken together, however, the conditions for Housing Bubble 2.0 are certainly present.
https://newstarget.com/2022-05-15-signs-point-housing-bubble-widening-price-income-gap.html
#housingmarketcollapse #housingbubble
Taken together, however, the conditions for Housing Bubble 2.0 are certainly present.
https://www.naturalnews.com/2022-05-15-signs-point-housing-bubble-widening-price-income-gap.html
#housingmarketcollapse #housingbubble