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Ah. No. House prices can’t go down! ‘cos then too many mortgages would be under water forcing sales so house prices go down further …
No. House prices can’t go down because then the consumer will ‘feel’ poorer and stop spending because of the uncertainty, of the event horizon of prices falling for the first time ever (in their goldfish type memory banks).
In the land of the perpetual election cycle short term econopolitics is the only type.
Our three kids epitomise it. One has heaps of equity but a large mortgage (relative to their salary, anyway, always a bit of month left at the end of the money). Number two has two properties with some equity in each. Some, not a great cushion. The youngest doesn’t have a house. So, not that anyone wishes ill on anyone else, but the youngest wants prices to fall, the middle one wants them to keep galloping up, and the eldest doesn’t really mind so long as they don’t fall more than 30%! Fortunately the youngest has most of his savings in yellow stuff, so at least his deposit is staying ahead of the market slightly.
Posted by goldielocks
@ 21:08 on November 24, 2025
Good video except that annoying parrot interrupting the whole thing..
Problem with these creeps that have driven up housing prices never seen in history anything like these low lives going around buying private property up . I guess back in time they would of been dragged in the streets and hung or shot. No different than carpet bombing the city. It was going on under Trump’s nose too, he just didn’t add migrants to it but doesn’t make it and better.
Housing prices can go down if no one’s buying but since when do rentals go back down which motivates people to buy it rentals too high. All new buildings do is increase the price because their new and motivating the others to increase there’s too
Then what do you have, A asphalt city jungle full of over priced buildings and is what NY is where areas look like prison cell blocks. . San Francisco conversely doing the same things is turning into a ghost town and dirty place full of homeless and areas of restaurants and stores boarded up. Some of those real estate scum bags who sold their over priced housing realizing they could live inland and get something better and theyre trying to do the same elsewhere and build not for the purpose of bringing cost down but driving them up for personal profit while turning those city’s next into a asphalt homeless jungle next. They’re not welcome there.
Trump understands building but maybe that’s all he understands. Does he understand when the very people who were paid to build them or the people who actually built up the city businesses roads and hospitals or keep thing working can’t afford to live there?.Migrants and wall street parasites mayhev who never worked a hard day in their life sitting behind a computer looting the city. Like any other criminals they wind up setting up more government control then these criminal lobbyist come out and use it against the people.
Zelensky dismisses US plan. Gaza peace falling apart. Japan placing missiles near Taiwan. Trump miffed because Starmer gives SMR contract to Rolls Royce. None of this is any surprise ; well, maybe the Japanese move. No wind down in geopolitical news, and more defections from the GOP as it sounds like Kamala and Donald do have one thing in common – how they run the White House.
Posted by Captain Hook
@ 12:49 on November 24, 2025
Yes … he does not understand the big picture … although I do hope he is right about socialism (and perpetrators) being discredited when NYC ends up in ruins.
I didn’t bother looking for a better analysis.
Probably shouldn’t be doing this anyway with what is coming when the hardline commies are reinstalled in DC in 2028.
Posted by Captain Hook
@ 11:59 on November 24, 2025
… with the idea of getting Americans used to the idea of having official commies being ‘different’ from grumpy and ‘outdated’ Dems and possibly lining up Mamdani for higher offices in the not-too-distant future.
TORONTO, Nov. 24, 2025 (GLOBE NEWSWIRE) — Barrick Mining Corporation (NYSE:B) (TSX:ABX) (“Barrick” or the “Company”) today announced that it has entered into an agreement which puts an end to all of its disputes with the Government of the Republic of Mali regarding the Loulo and Gounkoto mines. All charges brought against Barrick, its affiliates and employees will be dropped and the legal steps for the release of the four detained Barrick employees will be undertaken. Additionally, the provisional administration of the Loulo-Gounkoto complex will be terminated, following which operational control over the complex will be handed back to Barrick. This will pave the way for a constructive path forward. As a result of the settlement, Barrick’s subsidiaries will withdraw the arbitration claims currently pending before the International Centre for Settlement of Investment Disputes (ICSID).
US Homeland Security News
@defense_civil25
·
22h
🚨Alert: Japan prepares to fight China for disputed islands that both nations claim!! Japan is deploying anti-aircraft batteries at its fortifications on Yonaguni Island, 70 miles from Taiwan!!
“Deployment can help stop the chance of an attack on our country” — Defense Minister Koizumi
Japan has mobilized its Naval and Air Forces in preparation for a Chinese invasion. They declare that Japanese forces will defend the islands!!
Gold is in a parabolic phase…..if we repeat the 2007 to 11 mkt or the ’80’s and we are tracking them both very closely…..either $ 8000 or…drum roll $ 25000 !!!!!…over the next year or so.
Posted by goldielocks
@ 23:08 on November 23, 2025
It’s many of these media followers own fault. They refuse to think out of the box and look at medical evidence outside of what one of their MSN channels and tell not to believe anything they don’t tell them. Reminds me of that show the Twilight zone. We will control your television set and what you watch.
Posted by ipso facto
@ 22:49 on November 23, 2025
Kiyosaki Sells days after he had insisted he “would not sell” as Bitcoin extended its November slump.
Authored by GoldFix
Robert Kiyosaki, author of Rich Dad Poor Dad and one of Bitcoin’s most vocal long-term advocates, disclosed that he sold a portion of his Bitcoin holdings during the latest market slide, redirecting the proceeds into traditional cash-flow businesses.
