While buyer demand has softened and sales fell 8.5% in March, the supply of homes on the market is contracting even faster
Hundreds of thousands of renters may miss rent payments for May as the coronavirus crisis enters its third month in the U.S. For smaller landlords, that means facing their own financial crisis. WSJ’s Jason Bellini reports. Photo: Fadhila Hussein
I find it interesting that property values in the state of Ohio go up after a local school levy passes. The person winds up paying more in taxes than what they thought they were voting for. $236,000 to $279,000.
scam! real estate!!
Stagflation?
That's why I always thought its aPhony pandemic world population 8 Billion 0.00001 Deaths so far, stock market doesn't seem to be affected so far ! Very strange why same doesn't THANK like 2008
Let’s check back in after June!
Only because the housing market will crash all at once......
gentile72 Rumor has it that ObamaGate might be a contributor. Or perhaps higher supply lower demand in the market.
My dad sold his house in Houston in two days, no lie. Of course everyone is coming to Texas (eye roll)
This is to make more of you people affected Slaves and use deregulation tactics to pay you ALL Minimum wage and crap benefits if any. White Niggas. GOPWAY GREATWHITEHOPE🇺🇸..lol
I wonder if it has anything to do with ObamaGate
Remember when wsj didn't have to make up BS to get people to read it? Back when it was actually a respected news source? Now they have to make up lies to get people to read it. It's really good for lining a litter box.
You know what’s not disappearing? ObamaGate Will you cover it, ?
That's bc no one believes in the plandemic. Even the doctors are calling BS on it. Businesses were forced into closing and laying people off to ruin the economy before the election. No one will do it again. It was a huge mistake. Quarantine the sick not the healthy.
They rise for the big fall!
1st Comment
grannynannynews Banks and Mnuchin are buying them.
maggieNYT For those with a short memory. This happened in 2008
Capitalists want this gulf. They continue to tear down the household. They in no way want Sustainable UBI to take hold in the global south.baseism
I was hoping at least something good will come out of it. But noooo
Not for long
If housing market is rising, then why are banks/lenders tightening restrictions?
remind me about this in six months
APT78 Moved to this zipcode when it was in the 200s so we can buy a brownstone down the street from our store front. It's like they want creatives to do the work of community building so they can price us out. Repeatedly.
Check your numbers. They conflict with reality, reported by reputable informed , non -slanted , reports .
maggieNYT They are a lagging indicator. The crash is coming in both the housing & auto markets
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Because sellers are stupid. They are just adding to the homes that wont be purchased
Cantillon Effect. Google it.
It’s called the power of the printing press. We talk about assets like this while at the same time telling ourselves there’s no inflation bc govt keeps changing inflation metrics & hyper focuses on currency arbitrage, not total loss of purchasing power of all fiats against gold.
This is a clear indicator that the poor suffer the most in this shutdown. Middle class is doing fine. Look at housing market, home improvement store profits, they’re actually doing better.
Great, so much for the housing market to crash.
Reuters econ Yes people are going to pay their rent 1st. Your home especially in America is your biggest assets.
maggieNYT Yeah, money laundering is still big business.
Greed. These are houses not home
Nice PublicRelations Propaganda from realtors & wsj NicoleFriedman propagating fakenews According to MarketingSOCIALologist home prices will fall 70% & MarketingSOCIALologist RARELY wrong Don't buy into fake news
What month you talking Willis?
👌👍
Wow!!! Do u think China & the World can sue America now? The Coronavirus package aid was first tabled in Congress in Jan 2019.....yup..2019....not 2020. Re-tweet this until the administration gives us an explanation.
Because 1. Wall St 2. Tech 3. Bailouts
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