Mortgage Rates Up to 7% as Housing Market SLOWS Before Election

[@falsificationism]

Agreed on rent control being silly. If you have markets, it's ridiculous to tweak the rules to adjust prices. What _is_ effective is neutering markets by providing options outside of them. Cooperatives or public housing (e.g., Vienna) are both successful models. The key is to have a certain percentage of housing outside of market-based housing options. "Public options" for things like healthcare or book lending are popular and successful because prices remain anchored to actual costs, rather than infinite growth expectations from investors. This isn't complicated.

[@phil1954]

Please Henry stop talking about walmart. It's getting a little old. Lol

[@brendancarrington-k7h]

There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.

[@TracyStarkd]

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

[@pentagon1985]

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My Fiduciary-counsellor helped me realign my portfolio to my risk tolerance and it boomed overtime.

[@greggorys]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@pentagon1985]

Rebecca Lynne Buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@greggorys]

This reference seems valid.. Just looked up her full name on my browser and found her website without sweat, over 16 years of experience is certainly striking! very much appreciate it.

[@onedropontv8863]

The elephant in the room. Available jobs are way down. The most common websites for job listings appear to have a lot of ghost job postings. Transition from one job to another for better pay is rarely available at the moment. Regardless of who wins the economy faces real challenges. Interest rates will take a long time to go down. Average rent/mortgage has outperformed wages probably by 5-10 years.

[@TheWealthBuildingJourney]

Pandemic stimulus is (still) wearing off. As it does, the underlying (very sick) economy is showing its "true form".