I’ve discussed Accessory Dwelling Units (ADUs) at length as they have been marketed as a new way to force people into perpetual renting. They have even advertised micro-ADUs that are no more than a shed with plumbing. Since addressing the housing crisis would go against plans for the Great Reset, people are turning to […]
Dutch researchers at the University of Amsterdam and Erasmus released a study entitled “Buy-to-Live vs. Buy-to-Let: The Impact of Real Estate Investors on Housing Costs and Neighborhoods.” The study examined a legal Dutch ban on buy-to-let or rental investments. Researchers studied home prices, sales, and the demographics of residents in areas with this law. “Our […]
The push for the 15-minute city is underway. Accessory Dwelling Units (ADUs) are becoming increasingly popular as cities across the globe are rezoning neighborhoods to permit additional properties to be built on the same land as existing homes. Some are now referring to these units as “backyard homes” as they are becoming a normalized part […]
QUESTION: Mr. Armstrong, I have a question about Blackrock buying up all these homes. It seems that the Dodd-Frank bill empowered Blackrock to buy up all of these homes and rent them out. Was this all rigged for their benefit? Thank you for being a rare light of truth in these dark times. ED ANSWER: […]
PRIVATE BLOG – Recession & Commercial Real Estate Crisis Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ The post PRIVATE BLOG – Recession & Commercial Real Estate Crisis first appeared on Armstrong Economics.
New mortgage originations have reached their lowest level since Q2 of 2014. Inventory remains historically low, shelter costs are historically high, and it makes no sense for most to refinance with current mortgage rates over 6% on the 30-year. Originations, including refinances, came in at $323.5 billion during Q1 of 2023. The NY Fed reported […]
Let’s take a closer look at Accessory Dwelling Units (ADUs) that have been proposed for 15-minute cities. These small units are typically under 1,000 sq ft and were once considered secondary structures on an existing residential lot. Think of what we once considered “in-law suites” or guest houses. There are numerous designs for ADUs, but […]
I reported how BlackRock is now the largest landlord in the US. Institutions have purchased hundreds of billions in real estate across the nation and have no plans to sell because rentals are a lucrative venture. Inventory is at a historic low and people simply cannot find a place to live if they need to […]
Anyone familiar with the housing market conditions post-pandemic knows that cash buyers and institutions consistently outbid the average buyer. I know a realtor who has spoken primarily to consultants working on behalf of companies, and they’re willing to purchase properties over-market on a consistent basis. They know they can buy these properties and rent them […]
Republicans at the state level are demanding that Biden and the FHFA repeal the asinine new law that punishes Americans with high credit scores by forcing them to subsidize the mortgages of those with low credit scores. The Biden Administration has been attempting to control real estate for some time. In June 2021, Biden forced […]
