QUESTION: Hi Mr. Armstrong, Thank you for the daily blogs on world events with an independent analysis that makes sense. I find them better than investment bank reports that just make up the pages. Could you please elaborate on what happens to properties when the monetary reset comes? If people lose confidence in fiat money […]
California has joined the states with not just the highest taxes in America, but it has become one of those states that people are just leaving resulting i9n a net outward-migration. There is a logical consequence when a state becomes a place people are trying to flee from – real estate MUST decline in value. […]
One of the more interesting downsides of the collapse in socialism is the impact upon the elderly. The data now shows that since the 2007-2009 recession, about twice as many elderly are still working. When interest rates decline, income from savings collapsed. So while the theory was to lower interest rates to “stimulate” the economy, the […]
QUESTION: Hi Martin, You are unique in your insight into the growing theft of our money and dignity by the increasingly draconian authorities. Sometimes it’s hard to tell in this era of clickbait and fake news whether something you read is real. In the case of Councils, however, which universally seem to be repositories for people […]
https://www.armstrongeconomics.com/wp-content/uploads/2018/04/Sinking-House.mp4 QUESTION: Mr. Armstrong; I listened to you perhaps a bit too late. Put my condo on the market here in New York City and nothing for six months. The realtor said they have never seen buyers disappear so fast. Is there still hope for those of us trapped in the Big Apple? GB ANSWER: Real […]
QUESTION: Hi Martin, I just finished your new NYSE Boom/Bust report. This is excellent work and as always extremely fascinating. Thank you for continuing to share these profound views with us. My question relates to your view that we are looking at a complete collapse of Quantitative Easing and that will likely see a massive capital […]
Property values in Illinois are collapsing thanks to the State being over the edge with its fiscal mismanagement. The state employee pensions are bankrupting the state and are now destroying the value of property in the States as a whole. We previously warned back in 2015: “This is why it appears that real estate will […]
Property values are starting to crash hard in Sydney Australia, New Zealand, and London. Politicians are simply idiots. They all targeted foreigners buying property as the leading cause for the rise in housing prices. What they failed to grasp is that people spend more money when they THINK they have equity in their home. Whenever […]
QUESTION: Mr. Armstrong; What about the Chinese housing bubble. Why has this been so different in many ways? IX ANSWER: The primary difference is the simple fact that Chinese cannot take their money out of the country under the capital controls. Consequently, the property market has become their bank account. They have been moving from […]
The high-end market in Connecticut is starting to decline. The hedge fund manager Stanley Druckenmiller bought his estate in 2004 for $23 million. He had it on the market for $31.5 million. The best offer he got was $25 million. He took the money and ran. Smart move! With a real estate tax of about $154,000 annually, looks […]
