All posts tagged with housing bomb
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-(Natural News) Things are about to get really ugly – as if the world was not already in really, really bad shape – for the United States economy. The vast majority of economists at 23 of the nation’s largest financial institutions told The Wall Street Journal in a recent poll that the ongoing recession – […]
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-(Natural News) Why Republicans did not do better during the November midterms is a subject of debate, but they should have considering the lousy state of the country under two years of Joe Biden and Democratic control of Congress. In record time, it seems, our economy went from booming and growing under President Donald Trump to […]
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-(Natural News) Economic conditions just keep getting worse. As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really slowing down. And just like we witnessed in 2008, employers are conducting mass layoffs as a horrifying housing crash sweeps across the nation. Those […]
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-(Natural News) A new report shows that roughly 270,000 individuals who purchased a home during this year’s red-hot housing market are already underwater on their mortgage, meaning they owe more money than their house is worth. Mortgage software data and analytics company Black Knight revealed that of the 450,000 underwater borrowers noted during the third […]
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-(Natural News) Beneath the rosy claims of an ‘improving economy’ from Joe Biden and his Democratic congressional majority is a rising housing crisis that looks set to rival the market collapse circa 2008-09. The imploding housing market last month saw a record drop in pending home sales as prices were cut and potential buyers canceled […]
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-(Natural News) Everything the “experts” were saying about inflation being “transitory” is proving to be a lie after the latest data showed that average rental costs in Manhattan have now topped $5,200 per month. A major component of inflation indexes, New York’s rental market, the largest in the country, continues to see higher and higher […]
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-(Natural News) The Housing Market Index (HMI) reached its lowest level in a decade this week, which serves as more proof that the United States is already in a recession. A major metric that gauges the outlook for home sales, the HMI declined in November to 33, based on a 100-point scale. Other than a […]
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