Category Archives: renters
This report was originally published by Tyler Durden at Zero Hedge America’s liberal left coast states count themselves among the most adamant supporters of controversial pieces of legislation intended to support low-income families. From their stunningly high income tax rates to their $15 minimum wage mandates, states like California and Washington are leading the charge […]
This article was written by Charles Hugh Smith and originally published at his Of Two Minds blog. Editor’s Comment: The complicated financial landscape today has made everyone “slaves to the central bank” while ordinary people have found themselves stuck in debt, and spending all they have just to get by. The few who are able […]
SHTFplan: New Housing Bubble: Prices Up, Ownership Down, Wall Street a Mega-Landlord: “America is Becoming a Nation of Renters”
Prepare yourself. Buy physical silver and storable food. Want to own your own home, but stuck, temporarily, renting until you can? You aren’t alone. Wolf Richter outlined a pretty eery scenario. The 2008 financial Armageddon was in larger part a result of the housing bubble bursting. Thanks to the subprime mortgage scandal, millions of homeowners […]
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. zerohedge.com / By Tyler Durden / 05/08/2013 21:11 Wall Street got into the single-family home business about a year ago. The win-win idea is to buy and rent until prices increase enough to make selling profitable. Investors can improve neighborhoods by fixing […]
Where the renters live. San Francisco and the big jump in rents and home prices. The least affordable place in California just got more expensive. San Francisco median rent now at $3,100.
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. doctorhousingbubble.com / By Dr. Housing Bubble / March 10, 2013 It is hard to believe that there is a market more constrained than the one in Southern California but there is. San Francisco is really in a world of its own and […]