1 out of 3 American households can no longer afford rent, food, and transportation. The biggest rise in expenditures comes from rising housing costs.
The driving force in this political movement is anger and many American families need only look at their bank statements to understand why. Since 2004 median income has fallen by 13% while expenditures have risen by 14% according to latest figures pulled by Pew Research. That strikes at the heart of why the middle class […]
China owns the Canadian real estate market: Chinese account for one-third of all Vancouver home sales volume in 2015.
he Canadian housing market makes the U.S. housing bubble seem like a tiny pricing discrepancy. There have been talks for years that Chinese investors were buying up desirable properties around the globe and many pundits pushed these fears aside. Their claim was that only a tiny portion of the market was made up by investors. […]
The housing bubble is getting ready to implode: The scariest chart in real estate shows an impending correction because you can’t afford to buy a home today.
“Definition of economic bubble: A market phenomenon characterized by surges in asset prices to levels significantly above the fundamental value of that asset.â€Â We are definitely in another housing bubble. First, most Americans can’t afford to buy a home without utilizing artificially low interest rates and even then they are stretching their budgets like spandex. […]
The Great Inflationary Lie: How you’ve been lied to about inflation and the cost of living since 2000.
You’ve been lied to about inflation. That is the truth. The banking apparatus wants you to believe that there is little to no inflation so they can continue with their money expanding ways but all you need to do is look at your spending and income and you will realize that yes, life is getting […]