We woke up this morning to find oil prices weighing on the market… again… with China suffering the biggest losses. Oil prices have already kept stocks at bay in the
If you’ve got money tied up in real estate, the best thing you can do is get out now and sell it for cash. That’s because the real estate market is on the way down… and it’s not going up again any time soon.
The New York Times ran an article on Sunday talking about how the Chinese invasion of U.S. real estate is only expanding. They aren’t just buying condos in Manhattan or
High end real estate in London finally seems to be faltering, as is Singapore, Shanghai, New York and Miami.
When this next real estate bubble bursts, it will happen on a much more global scale – much more severe than the last one.
If all of this sounds like the housing agency is driving the mortgage giants down the same path that added to the financial crisis of 2008, that’s because it is.