Globally we have seen such massive appreciation in real estate prices. Most major cities around the world have watched houses go from expensive to completely unaffordable. Now people are drowning in debt and there’s no way for them to resurface. The public thinks it’s great because they’ll have endless Roaring Twenties prosperity. That’s probably not too wise though. Oh well.
sdManhattan real estate sales fall for sixth straight quarter
https://www.cnbc.com/2019/04/01/manhattan-real-estate-sales-fall-for-sixth-straight-quarter.html
Manhattan Home Sales Drop to Decade Low for a First Quarter - Bloomberg
https://www.bloomberg.com/news/articles/2019-04-02/manhattan-homebuyers-make-fewest-first-quarter-deals-since-2009
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file:///Users/themoneygps/Desktop/Mahattan%20real%20estate%20mkt%20share.1554219253076.PNG
London Property Market Struggles on as City Waits For Brexit
https://www.bloomberg.com/graphics/property-prices/london/
London Property Slide Continues With Biggest Drop in a Decade - BNN Bloomberg
https://www.bnnbloomberg.ca/london-property-slide-continues-with-biggest-drop-in-a-decade-1.1236646
bc-london-property-slide-continues-with-biggest-drop-in-a-decade.png (620×349)
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Ireland Property Rush Risks Repeat of Crisis - BNN Bloomberg
https://www.bnnbloomberg.ca/ireland-property-rush-risks-repeat-of-crisis-1.1237492
Bank of Canada's Poloz says stimulative rates needed for temporary soft patch | CBC News
https://www.cbc.ca/news/business/poloz-bank-of-canada-interest-rates-1.5079959
BofA says it will make $5 billion in mortgages to under-served people
https://www.cnbc.com/2019/04/02/bofa-says-it-will-make-5-billion-in-mortgages-to-under-served-people.html
▶️ DTube
▶️ IPFS
Do you think any of this is driving the sudden upsurge in cryptocurrencies? I have to wonder why people are suddenly buying in so quickly. The cash has to be coming from somewhere.