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Housing Markets Are Bubbling All Over the World

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Housing Markets Are Bubbling All Over the World

A world economy already contending with raging inflation, stock-market turmoil and a grueling war is facing yet another threat: the unraveling of a massive housing boom. Yelena Shulyatyeva of Bloomberg Economics is on “Bloomberg Markets” with The Big Take.

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45 COMMENTS

  1. “Housing prices insulated from correction and the US consumer has quite a bit of a savings cushion” says the guest. So why is Starwood unwinding? More smoke and mirror pseudo-analysis. Wait, I think she is delusional.

  2. Most times it amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.

  3. The private bankers have the power to operate the Re-occurring Easy Money Mortgage Swindle every 10 to 20 years.
    We will always be struggling with reductions and expansions of our money system producing endless cycles of recessions and boom times living under the rule of the private bankers of the Federal Reserve.
    And Therefore:
    The Sustainable Prosperity Talk Show Channel presents AN ACTION PLAN FOR ESTABLISHING A CITIZEN OWNED MONEY SYSTEM IN THE USA.
    The action plan separates the private bankers from the control of our national money system.
    With a money system update, one dollar will be one dollar among all citizens of the USA including bankers.
    Ideally, we develop an organized group online, and on the ground, to call for the Repeal of the Federal Reserve Act and the establishment of a citizen owned money system, and then call upon President Biden to use various Executive Orders to provide the needed legislation.
    Then, with the Presidents’ support, we would have a fair money system that supports our shared prosperity.

  4. The rich will always get richer. The Fed will always protect the asset class. Tough luck if you're not one of them. This is the cruel reality of life. And no cares, despite all the lip service. Most people are only concerned with ROI and they don't care how they get it.

  5. I live in Athens, 3-5years ago ,renting a house 300€ monthly it was normal, now that is 600€ , that's more than double in a city that doesn't grow anymore.

  6. В России плохо будет только в городах с кремлём. (А таких 18 с половиной).

    Потому что Зло проснулось.

  7. It took me 31 years, but it's finally here. I'm proud to be Czech! I knew, deep down, that some day, with enough effort, our eastern Europe wages, slowest construction approval time of all and west Europe prices will eventually pay off. 😉

    edit: In case you want/need some perspective, according to Q1/2022 data, you would need about 17 years of average salary to buy average (70 m2) apartment in the Czech Republic. In Germany it's about 12 years.

  8. Joke is on them, prices already are coming down. In case they hadn’t noticed there is no longer a shortage of homes in the USA, active listings/inventory is rising quickly and the percentage of homes with price drops is increasing as well.

  9. The Bitcoin's price has been in a free-fall during the past few days after the downswing of its support level . it's now found close to the critical point at . So it's important to see what will be the immediate lifeline if it's fails . The price has also broken the 24 demand zone to the downside and is heading towards the significant area with massive momentum . This level could finally hold the price as the RSI ( Relative strength Index ) also signals that Bitcoin is highly oversold . The bullish rebound or consolidation would likely occur at the mentioned support . However, it may be too soon to call a bear market bottom since the price would need to reclaim a new resistance level and the 50-day moving average before any bullish reversal could be anticipated . As investor , I will urge all newbies to Buy and not to hold but engage into Day-Trading in other to Grow and accumulate profits in their portfolio not to run at loss . I have been able to get profits of 5.5 in less than 5 weeks using signals alert provided by Oscar Aldrich . Dr Aldrich can be contacted via what's app : +150-921-99-782 and Telegram Oscar_Trade * for further inquiries in any crypto related issues .

  10. The Bitcoin's price has been in a free-fall during the past few days after the downswing of its support level . it's now found close to the critical point at . So it's important to see what will be the immediate lifeline if it's fails . The price has also broken the 24 demand zone to the downside and is heading towards the significant area with massive momentum . This level could finally hold the price as the RSI ( Relative strength Index ) also signals that Bitcoin is highly oversold . The bullish rebound or consolidation would likely occur at the mentioned support . However, it may be too soon to call a bear market bottom since the price would need to reclaim a new resistance level and the 50-day moving average before any bullish reversal could be anticipated . As investor , I will urge all newbies to Buy and not to hold but engage into Day-Trading in other to Grow and accumulate profits in their portfolio not to run at loss . I have been able to get profits of 5.5 in less than 5 weeks using signals alert provided by Oscar Aldrich . Dr Aldrich can be contacted via what's app : +150-921-99-782 and Telegram Oscar_Trade * for further inquiries in any crypto related issues .

  11. Let's examine Yelena's claims about why the USA won't experience a large real estate crash:
    – She claims Americans have a lot of savings, yet the savings rate has completely collapsed from above 30% to below pre-pandemic levels at 4.4% in April, and likely lower than that now. To me, that indicates Americans have mostly blown through their pandemic savings as the stimulus cheques stopped coming, and they've bought trips and other discretionary spends that they couldn't do during the height of the pandemic. Add to that that nearly 1/5 Americans didn't save any money in 2021, and I don't buy her premise at all.
    – She also claims that American households are essentially less levered financially than they were in 2007. However, consumer debt actually topped $15.84 trillion in Q1 2022, a new record. More concerningly, average new mortgage payment to income ratios are the highest they've been since 2008 (31%). Home prices are set at the margins, so if recent homebuyers (especially with variable rate mortgages) get pushed into insolvency due to rising rates, the price drops at the margins could easily cause the whole market to collapse.

    For some reason these commentators think it's bulletproof logic to throw out there that the setup looks slightly different than 2008 so there's no bubble. What I'm saying is there's different kinds and sizes of bubbles, and despite it being a slightly different variant this time, examining the data it still looks like the USA has another large housing bubble on its' hands.

  12. 2/3 of mortgage backed securities owned by the fed. Institution managers unloading their dog poop MBS to buyer of last resort. Who the hell will want to buy these MBS instruments back from Fed. This is the biggest Ponzi scheme in US and main cause of housing bubble.

  13. There was a point in 2020 when I theorized perhaps consumer good prices and wages would eventually catch up proportionally with housing prices but housing kept rising through 2021 and even 2022 and it would be an absolute disaster now if consumer goods rose to a similar level. Housing must come down and come down a lot. It's already a disaster.

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