@jonbrooks@barnes_law Not everywhere. 3br 2 bath homes on Long Island New York sell for $750k - $1mm. Tear downs on 100x100 lots 3500sq ft selling for $1.5-$2mm in middle to upper middle class areas. We’re not talking Hamptons.
Existing home sales just hit the lowest April level since 2009.
Think about how insane that is.
Higher inventory.
Falling rents.
Massive affordability crisis.
Builders slashing prices and buying down rates.
But the headlines still say:
“Housing market remains resilient.”
No.
The market is frozen.
@jonbrooks This thing is a disaster, but it needs to happen. There is no reason why there should be 100 yr old fixer uppers for 300 k. Those homes should be at 50 k at the most. Encourage young families to come in and invest, fix up these homes.
. @Mike_Pence wants to warn Republicans about the “siren song of populism.” I want to remind him of what the last half-century of his “traditional conservative principles” actually produced.
1. It produced NAFTA.
2. It produced the WTO deal that handed China our manufacturing base.
3. It produced twenty years of nation-building in the Middle East while our own Nation crumbled.
4. It produced a ruling class of Republicans who won elections, controlled committees, gave speeches about limited government, and delivered NOTHING.
Not one inch of a wall.
Not one factory brought home.
Not one federal agency, activity or department reined in.
NOTHING, so stop with your BS!
Mike, that is the path you want us to return to. You call it principle. I call it failure with a flag pin on the lapel.
The American people did not drift toward populism. They ran toward it because the alternative was another decade of men like you (@VP45) managing their decline while assuring them it was conservatism.
We are done being managed.
We are done being lectured.
We are done watching Washington Republicans cash out while the country falls apart.
There is no time for choosing, Mike. The choice was made (three times to be exact). The only person who hasn’t accepted it is YOU.
You may as well be speaking to the hand! You’re wasting your time if you believe for a second that you have a shot at the presidency.
Americans are now demanding far more leadership than you ever demonstrated.
Have a nice day!
Thank you for your attention to this matter!
Under President Trump, we are unleashing the most aggressive federal anti-fraud efforts in American history. We won't rest until we root out every bit of fraud infecting our government and screwing over taxpayers.
More coming tomorrow. Stay tuned.
Ben Shapiro: "No one in the United States should be retiring at 65 years old. Frankly, I think retirement itself is a stupid idea unless you have some sort of health problem."
“They approved us… and I realized why we’ll never own a home.”
An American couple did everything "right" — steady income, good credit.
Interest, taxes, insurance — all stacked on top.
“We’d pay $1.6 million for a $450,000 house.”
It’s lifetime debt dressed up as opportunity.
@MatrixMysteries Good excuse to stop eating there. Let these corporations learn that we can vote with our dollars. They are giving us a poor product, no value, and not worth our hard earned dollars. Fast food, fast going out of business. Good riddance.
A 6-piece chicken tender order at KFC is now $20.
No sides. No drink. Just the tenders.
A 16-piece meal? Over $55.
A bucket of chicken? Pushing $50+.
This is supposed to be fast food.
KFC’s largest stock holders are BlackRock, Vanguard, State Street and JPMorgan.
@TonyTomahawk76@ErikUnchained That's how my dad died. Double masked, caught a "cold" didn't go see his doctor for antibiotics etc, admitted to the ER with pneumonia, and they vented him within 2 hrs of walking in.
!!
“Mr. Trump and Xi Jinping are reportedly considering a deal to allow China to invest $1 trillion in the U.S. largely to build factories on American soil.”
Trump on verge of making massive error — against aides' advice: report rawstory.com/trump-trade-de…
This is outrageous..
Not a single person on my flight is masked up while we’re in the middle of a double pandemic (Covid + Hantavirus).
I politely informed the flight attendant that this is a super spreader event. She just shrugged and walked away. I've already filed a formal complaint with the FAA and CDC. This is reckless and cannot stand.
Masks save lives, the science is settled on that.
This is a tour of brand new “tiny homes” in Texas.
Price tag? $130,000. Plus a $100 monthly HOA.
It’s barely more than a two-story shed — and they expect families to call it the American Dream.
This isn’t progress. It’s shrinkflation for your entire life.
@jonbrooks Question. Have you been looking at the assembly line home concepts? Onyx Homes. Hive Homes. How come there isn't more funding for these concepts?
A new analysis by the National Association of Home Builders found that 71% of Floridians CANNOT AFFORD a newly built home at current prices and mortgage rates...
Yet these builders continue to build starter homes at $500,000.... with practically zero lot lines.
Who do they think will buy these?!
Trump: "I don't understand why the Jeffrey Epstein case would be of interest to anybody. It's pretty boring stuff. I think really only pretty bad people, including fake news, want to keep something like that going."