Current status of housing market. Listings increasing. Prices Dropping. Another economic red flag.
(media.greatawakening.win)
đź‘€ EYES ON! đź‘€
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I actually found a house last night that was actually close to it's pre-covid price and was actually good value: $750k today verse $650k in 2018. It sat on the market for 3 months at $870k over the summer. If you want to know, it's 6 bed, 5 bed, 6500 square feet, 3 car garage, full finish basement, sitting on 1.5 acres. I would snag it if interest rates weren't 7% making the payment around $5600 a month. My rent is $2600 a month for a 4500 square foot house.
Most houses around here more than doubled in 2020 through 2021. Just six month ago it was not uncommon to see an asking price of around million bucks for a house that sold for $475k in 2018.
With all that said, I'm going to wait until May of 2023 to seriously look at buying a house.
What part of the country are you?
I enjoy watching this guy’s videos.
https://www.youtube.com/watch?v=GRK0dUA8apY
Thank you for posting this. I've never watched that guy before, but now I'm about to do some lunchtime binging. :D
You’re welcome. He seems unbiased, sharp and he is entertaining.
Six months ago, a house wouldn't be on the market for a week and it would already be "pending". The prices were completely outrageous too. Now, there's a house in the 'hood that is really nice and has been on the market for 41 days. They've dropped the price twice. There wasn't a sudden slow down, it was a complete hit the brakes and came to a skidding stop. I always look at past sales for houses for sale, and the ones being put on the market now are still way too high, however their initial asking price is noticeably lower than it would have been just a few months ago!
Yeah there was no point living on the city paying three times as much when the office you moved closer to is closed and all the "culture" is shut down as well, might as well live in the suburbs.
Plus the BLM crime also caused sales in the suburbs to surge from people fleeing the cities.
My offer still stands: I'll sell 1 share of AMC for 5 acres of land and a 3000 sq ft home
Your offer will always stand.
The DTC doesn't currently owe hundreds of thousands of AMC to brokers.
AMC doesn't have even remotely of the percentage of the outstanding shares DRS'd and removed from the system directly in investors name as GME. (No company does, this is a 1st) This is key to overcoming synthetics and manipulation.
AMC isn't able to issue a NFT dividend OR remove their stocks from the DTC system legally this month.
AMC isn't going anything new or innovative with the money coming in, just giving their CEO and board raises .
AMC isn't about to launch a multi-billion dollar marketplace for NFTs from music albums, games, movies and more.
AMC isn't partnered with FTX and isn't about to tokenize securities meaning a NEW and FAIR stock market system.
AMC is not the play. Gamestop = Game Over for the central banking arm and is part of the plan.
You forget the fundamental play of AMC: Shorts have not covered.
They also proven with APE existence of synthetic shares.
They are going to have to buy it back.
And who says I'm not also in GME?
Every bit of so-called AMC DD is just GME DD with the serial numbers filed off and ignoring that the AMC insiders already cashed out their shares and just keep diluting the stock, the opposite of what has happened with GME.
You clearly don't know what you're talking about.
AMC stocks were being diluted by synthetic, illegal shares to begin with.
Retail owns well over 90% of the float of AMC, as once again proven by APE. We had 43 million FTDs on DAY ONE of the APE dividend.
When the hedgies are forced to cover their illegal shorts, APE will only need to go up to $11-$12 and Adam Aaron can literally clear out all of AMC's debt, destroying their short thesis.
https://youtu.be/hOTqXiMwNlg
No offense dude, but you’re way behind the times in real DD. I truly believe AMC is a distraction (how many YouTube, tiktok, instagram, twitter “financial geniuses” came out of nowhere to bombard you with amc?, sounds like msm with politics…)
I've been following this since Robinhood took away the buy button, so no, I'm not behind.
AMC is not a distraction. Synthetics are proven to exist and shorts still haven't covered. Simple as that.
there is no mechanism in place, like GameStop has, to trigger that action.
The volume being what it is for AMC and the lack of DRSing, makes it where they can keep kicking the can and creating synthetics to cover.
The fundamental play for GameStop on shorts alone far exceeds AMC. The you add the shares owed by the DTCC all over the world to brokers for failing to distribute the dividend.... well it's no contest but it doesn't stop there. The NFT marketplace is a paradigm shift and gold mine and they are #1 already ahead of BIG names.
Then threes RC who clearly has a plan and intent and working FOR retail vs AMC has Jewish Adam Aron who started getting real chummy with the Clintons in1995, being selected as a delegate by Bill at the time. In 2004 the Secretary of Defense selected him for some other elate role then another from the Sec of Agg soon after. Seems liek a guy thats very much a part of the wrong club.
Jfc good luck with that one...