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There Goes The Housing Market


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2022 May 12, 4:02pm   227 views  4 comments

by Ceffer   ➕follow (5)   💰tip   ignore  

"Since the Fed is rushing to hike the US into a deep recession just so inflation will (supposedly) slide ahead of the November midterms, in line with Biden's demands, the housing market is eager to comply with Powell's and Biden's handlers' wishes, and is leading the charge into the economic abyss, as we discussed most recently here, and as the latest nationwide survey of new home builders confirms.

Last week, Zillow's dismal outlook stoked fears that rising mortgage rates would result in the next downturn. "https://www.zerohedge.com/markets/us-builders-warn-significant-shift-housing-market-amid-affordability-crisis?source=patrick.net


My crap shack fiat equity is toast!

Comments 1 - 4 of 4        Search these comments

1   GNL   2022 May 12, 4:06pm  

HODL - The FED will cut rates by 200 points after the midterms.
3   Robert Sproul   2022 May 12, 6:40pm  

HunterTits says
Chattanooga, TN.

My close associate moved out to Chattanooga a couple of years ago and is killing it developing land. He keeps texting me enticements like "look at what I am paying for gas" and "registered my truck, cost me 80 bucks". I told him I could never live in a place called 'Chattanooga' (Chattanooga Choo Choo) but I am going to go take a look this summer.
4   WookieMan   2022 May 12, 6:52pm  

Robert Sproul says
I told him I could never live in a place called 'Chattanooga' (Chattanooga Choo Choo) but I am going to go take a look this summer.

Take a look. Humid and you can still get snow, but one of the better places to live east of the Mississippi. MS and AL are great choices too. Close to the gulf or Atlantic. Regional airlines that can get you to Mexico or Caribbean. I don't think I could live West of the Mississippi. Love the Rockies and Sierras, but not worth the cost to be out west and generally still deal with shitty weather, fires and similar.

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