Catching up on your posts this morning. Definitely enjoy your explanations, although I took slight offense at your term of paranoid grandma. I’m a first-time granny at 78 who is trying to understand the financial universe better than I have before. Thank you for your clarity.
A melt up is the colloquial expression used begotten this new term, reverse market crash. As consumers are squeezed, cost of living becomes the new profitscape. You will own nothing and be happy is not just a slogan. First time buyers of housing will be locked out one way or another. If prices somehow fall, institutional buyers will ramp it up from 35% of market. If rates are cut, institutional buyers will bully you with cash. Boomer homeowners are on the back stretch of their lives and their properties will become available first in a trickle, then a tsunami as their age catches up. Institutional buyers will be there again. The climate bs is another pressure on the old paradigm. If you can’t be forced out by rates or home prices, we’ll then energy and taxes will get you. The cities for the poor, the land for the gentry
Catching up on your posts this morning. Definitely enjoy your explanations, although I took slight offense at your term of paranoid grandma. I’m a first-time granny at 78 who is trying to understand the financial universe better than I have before. Thank you for your clarity.
Thank you for reading! If it's any consolation, I have a grandma I love very much; not all grannies are paranoid!
Good to know!
A melt up is the colloquial expression used begotten this new term, reverse market crash. As consumers are squeezed, cost of living becomes the new profitscape. You will own nothing and be happy is not just a slogan. First time buyers of housing will be locked out one way or another. If prices somehow fall, institutional buyers will ramp it up from 35% of market. If rates are cut, institutional buyers will bully you with cash. Boomer homeowners are on the back stretch of their lives and their properties will become available first in a trickle, then a tsunami as their age catches up. Institutional buyers will be there again. The climate bs is another pressure on the old paradigm. If you can’t be forced out by rates or home prices, we’ll then energy and taxes will get you. The cities for the poor, the land for the gentry
I'm pretty sure that gold and oil are going to outperform art when everyone takes a step down the pyramid of mazelow's hierarchy of needs.