Interest Rates FIASCO Will DESTROY Debt Burdened Americans! U.S. Homes Become ATM’s!

in #money8 years ago


Cash-strapped, debt-ridden people are in abundance these days as we see the effects of quantitative easing making their way to main street. People don’t have money to pay their bills unless they tap into equity. We watched all forms of debt increasing and the average person unable to cope but only taking on more debt, to pay the payment s of the other debt. This merry-go-round will continue...until it grinds to a halt.

Homeowners are sitting on a record amount of cash — and not tapping it
https://www.cnbc.com/2018/07/09/homeowners-sitting-on-record-amount-of-cash-and-not-tapping-it.html
Homeowners are sitting on a record amount of cash — and not tapping it
https://www.cnbc.com/2018/07/09/homeowners-sitting-on-record-amount-of-cash-and-not-tapping-it.html
Hottest housing market in US may be headed for a crash
https://www.cnbc.com/2018/07/09/the-hottest-housing-market-in-the-country-may-be-headed-for-a-crash.html
Manhattan Homebuyers Demand Bargains, Walk Away—Anything But Overpay - Bloomberg Quint
https://www.bloombergquint.com/onweb/2018/07/03/manhattan-homebuyers-spoiled-for-choice-drive-bolder-bargains
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National Apartment Rents Hit New Milestone, Demand for Small Apartments Catches Up with Family-Sized Rentals - RENTCafé rental blog
https://www.rentcafe.com/blog/rental-market/apartment-rent-report/rentcafe-apartment-market-report-june-2018/
Large-Cities-map_Monthly-Report-June-2018.png (900×639)

Residents of Stockton are set to get $500 a month with no strings attached in bid to boost economy | Daily Mail Online
http://www.dailymail.co.uk/news/article-5936339/Residents-Stockton-set-500-month-no-strings-attached-bid-boost-economy.html
2018-07-07_11-57-35.png (650×423)

Palo Alto, CA 94306 | MLS# ML81406740 | Redfin
https://www.redfin.com/CA/Palo-Alto/Undisclosed-address-94306/home/53415060
Property Prices
https://www.numbeo.com/property-investment/


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Will be interesting to see how it plays out. Lot of retirees may move south even if they do not want to just to be able to survive.

Can’t wait to see what Xmas is going to look like 👀❓

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