All posts in " Real Estate "

Spain Introduces 100% Real Estate Tax for Non-EU Residents

January 16, 2025

Governments worldwide are at a loss on how to solve the housing crisis. Prime Minister Pedro Sánchez of Spain believes placing a 100% tax on properties purchase by non-European Union residents will solve the crisis. He’s wrong. “The West faces a decisive challenge: To not become a society divided into two classes, the rich landlords […]

Washington State Democrats Leak Tax Plan

January 7, 2025

Washington state Democrats accidentally leaked a document entitled “2025 Revenue Options” describing how they plan to hunt down citizens for additional taxes. An email containing the document and an accompanying PowerPoint presentation was sent to everyone in the Senate and entail exactly how they will wordsmith their way into extorting the people. “Do say: ‘Pay […]

The Stale US Real Estate Market

January 6, 2025

Home sales in the US rose to a four-year high after rising 12.1% YoY, according to a new Redfin report. As I stated, we are entered a buyer’s market in May of 2024 in line with the ECM. Gone are the days of bidding wars and skipped inspections. Home inventory has picked up significantly but […]

Americans Earning Under $50K Regularly Skipping Meals to Afford Shelter

December 16, 2024

Inflation data is skewed and does not factor in the reality that the costs of basic necessities like food and housing have not waned significantly since COVID began. Shelter costs, in particular, have become unaffordable for the majority. Redfin recently reported that 74% of Americans earning under $50,000 are seriously struggling to maintain consistent payments […]

Home Sales Reach 14-Year Low in the US

November 4, 2024

  The home buying frenzy seen during the pandemic years has ended. We are no longer in a seller’s market as the tides have shifted. The National Association of Realtors reported that home sales in the US slowed to a 14-year low this September. Sales declined 3.5% on an annual basis. Existing homes declined 1% […]

HUD Explores Cash over Housing Vouchers

September 20, 2024

The Department of Housing and Urban Development is toying with the idea of providing American renters cash aid instead of vouchers. Current vouchers only demand that tenants pay 30% of their income on rent, while the US taxpayers foot the rest of the bill. The department says it is still too difficult for would-be tenants […]

California Offers Free Housing to Migrants

August 30, 2024

The US government highly favors migrants over citizens. California’s Senate passed a bill that will permit illegal migrants to secure housing loans at 0% interest with a 0% downpayment. They will receive grants of up to $150,000 to use toward the home. California citizens are handing these people free healthcare, debit cards, phones, and now […]

Goodbye California and New York – Wealth Exodus Continues

August 21, 2024

The exodus from blue states has not waned since the pandemic. Americans are seeking lower taxes, crime, and tyranny as half of our nation descends into utter chaos. A recent poll by SmartAsset found that Americans earning $200,000 or more have been the most eager to flee states like New York and California. California and […]

New York Commercial Real Estate Plunges 97.5% at Great Depression Levels

August 2, 2024

COMMENT #1: Mr. Armstrong, I had to write to say thank you so much for everything you do. When Trump was indicted, you said sell and get out of New York. Your advice has always been discussed with our board, and the decision was made to sell in light of your ECM also turning in […]

June Home Sales Drop in Line with ECM

July 25, 2024

I noted that real estate in the United States would turn into a buyer’s market in May 2024 going into August 2028 in a reversal from the buyer’s market we’ve experienced since 2020. The 2007 high on the Shiller Index was the precise day of the Economic Confidence Model. So far, all the indicators have […]

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