Silver as an investment

Category Archives: property tax

SHTFplan: Taxing and Tracking the Independent Media: Censorship and Control

Prepare yourself. Buy physical silver and storable food. One of the most heinous things about taxes is that they support the very “organs” (to quote a Soviet-era term) of government that crush the people…even further. The taxes are weapons used by the authorities…and all authority comes from the barrel of a gun (to paraphrase Mao). […]

“Hong Kong House Prices Could Soar Another 10% Next Year” – Have They Just Rung The Bell?

Hong Kong property was in Algebris Investments’ top tier of six most inflated bubbles from its longer list of the world’s fourteen biggest bubbles. The territory is ranked as the most expensive housing market in the world for the seventh successive year in 2017, with the medium home price selling for 18.1 times the median […]

Here Are The States With The Highest Property Taxes

ATTOM Data Solutions has scoured county-level property tax records from across the country to figure out exactly who is getting punished the most on their real estate taxes.  To our complete ‘shock’, the resulting map looks eerily similar to the 2016 presidential electoral college map with the liberal bastions of the Northeast and Midwest suffering […]

China’s tighter overseas currency use impacts Canadian real estate landscape

The heavy exodus of the Chinese renminbi from mainland China put pressure on the country’s economy. In an effort to stymie the outflow, the Peoples Bank of China (PBOC) enacted new rules that are meant to help it exert more control over its currency…and that could spell trouble for the Canadian real estate market! A […]

When Assets (Such As Real Estate) Become Liabilities

Submitted by Charles Hugh-Smith via OfTwoMinds blog, It will be the middle class that accepted the notion that "real estate is the foundation of family wealth" that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. submitted an article that struck me as a harbinger of the future:

Building Permits Plunge After NYC Property Tax Break Expires, Housing Starts Stable / by Tyler Durden / 08/18/2015 08:38 After 3 months of exploding building permits – driven exclusively by the Northeast region as a result of an expiring property tax break in NYC,  reality bit in July as permits plunged 16.3% to the lowest since March (biggest drop since June 2008), down to 1.119MM from 1.337M last month, […]

Scranton Needs 117% Property Tax Hike to Balance Budget; Simple Truth: Scranton is Bankrupt

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / By Mike “Mish” Shedlock / July 23, 2013 11:25 AM Those looking for the next city to go bankrupt should consider the possibilities in Scranton. The Pennsylvania Economy League projects Scranton could be looking at $18 million deficit, 117 percent tax […]