Home sales fell for the sixth month in a row, but prices kept rising

Higher mortgage rates and prices are pushing prospective buyers out of the market.

           

https://www.facebook.com/cnn/posts/10162949732981509

Meanwhile, BlackRock is using counterfeit money created by the privately owned Federal Reserve Bank (FED) to lead a $120 Trillion Investment Boom That Is Upending Wall St

BlackRock now holds the majority of single family houses in the country; commercial real estate; and, farmland!

The 1988 Economist cover pitched us on getting ready for a single unified currency.

That was also the year that BlackRock was founded:

“Since 1988 the company has put itself in a position to de facto control the Federal Reserve, most Wall Street mega-banks, including Goldman Sachs, the Davos World Economic Forum Great Reset, the Biden Administration and, if left unchecked, the economic future of our world. BlackRock is the epitome of what Mussolini called Corporatism, where an unelected corporate elite dictates top down to the population.” F William Engdahl

Towards the end of 2020, Oilprice(dot)com shared that BlackRock was looking to fuel a $120 trillion transformation on Wall Street. Today, they have in fact acquired that $120 trillion in real estate – All paid for by the money created out of thin air by the privately owned Federal Reserve Bank!

In his 2021 letter to CEOs, Larry Fink had decreed “a net zero economy” by 2050 or sooner: “I have great optimism about the future of capitalism and the future health of the economy — not in spite of the energy transition, but because of it.”

Then in April 2021, wire service Dow Jones heralded:

“If you sell a house these days, the buyer might be a pension fund.” Between 1997 and 2007, 68 million US mortgages were converted – tax free – into stocks. These are sold time and time again by Wall Street Terrorist who pay no tax and have no accountability. Due to the Byzantine, largely unrecorded and obfuscated nature of these real estate mortgage stocks, the Courts have ruled that at this day and age, no one can tell who really owns your home mortgage!

https://www.reportdoor.co...ending-wall-st/

Yahoo terminated the story!

https://finance.yahoo.com...-200000508.html

BlackRock, other investment firms 'killing the dream' of home ownership

https://www.foxnews.com/m...-home-ownership

Concerned About BlackRock Pricing Out Home Buyers? Wait Until You Hear How Connected They Are To The Government

https://dailycaller.com/2...eserve-finance/

It’s called “Going Direct.” That’s the financial bailout plan designed and authored by former central bankers now on the payroll at BlackRock, an investment manager of $7 trillion in stock and bond funds. The plan was rolled out in August 2019 at the G7 summit of central bankers in Jackson Hole, Wyoming – months before the public was aware of any financial crisis. One month later, on September 17, 2019, the U.S. Federal Reserve would begin an emergency repo loan bailout program, making hundreds of billions of dollars a week in loans by “going direct” to the trading houses on Wall Street.

The BlackRock plan calls for blurring the lines between government fiscal policy and central bank monetary policy – exactly what the U.S. Treasury and the Federal Reserve are doing today in the United States. BlackRock has now been hired by the Federal Reserve, the Bank of Canada, and Sweden’s central bank, Riksbank, to implement key features of the plan. Three of the authors of the BlackRock plan previously worked as central bankers in the U.S., Canada and Switzerland, respectively.

The authors wrote in the white paper that “in a downturn the only solution is for a more formal – and historically unusual – coordination of monetary and fiscal policy to provide effective stimulus.”

The Swiss National Bank, the central bank of Switzerland, where one of the BlackRock authors previously worked, already has massive holdings of individual stocks, including $94 billion in publicly traded stocks in the U.S. according to its March 31, 2020 report that was filed with the Securities and Exchange Commission.

BlackRock is not only a major marketer of corporate bond products. Its iShares brand includes a giant roster of stock-based ETFs. The Chairman and CEO of BlackRock is Laurence (Larry) Fink. Reuters reported last July that Fink was lecturing the European Central bank that it “will need to purchase equities to stimulate Europe’s economy, and that leaders should find ways to have investors embrace an ‘equity culture’ there.”

https://wallstreetonparad...IVrbyR8yIIraPAU

BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses; It’s Also the Sole Manager for $335 Billion of Federal Employees’ Retirement Funds

https://wallstreetonparad...sx5A4Bc43E6iC5g

The 'Great Moderation' is over and inflation has triggered a new regime: BlackRock

Here is how it works: The privately owned Federal Reserve Bank destroys the economy by shifting around the money supply; then as the people sell off their assets for pennies on the dollar, the FED funds their purchase and sticks them in a shell called BlackRock!

The take-over is complete! Thanks to the FED and all their counterfeit money!

https://finance.yahoo.com...wRt20XajbznI-ug


Scott Rutland So your solution is to say there is no solution? You can’t see that developers have been under-building smaller affordable housing, in favor of building larger, more expensive/profitable houses that many can’t afford - and after decades of this, it is catching up with everyone.

Blaming increased rents on “greedy landlords” rather than the recognizing that it is the lack of available housing that is driving up rent /housing costs is only making the environment toxic for mom and pop landlords, so they are cashing out, which leads to even less units on the market, which in turn raises rents/housing costs.


Tommy Sullivan, nope, he hasn't. See, the US economy is still working. I know this because you are using the services of an American company right now...and you post these laughable conspiracy theories. Not to mention that my job needs me to be aware of the US economy, so yeah...not "killed" as you so hyperbolically claim.

Inflation "through the roof"? If you even care to look at the link, you will notice that 8.5% is not quite the 14.8% ut was during Reagan. Of course I don't expect you to look at the link because it contains facts that you do not like, but others can, and see just how wrong your are.

But you are trying so hard for someone that has to hide behind their keyboard.

https://www.usinflationca...nflation-rates/

EDIT: oh and to took Google 0.52 seconds to come up with that link, so not too sure that you did your research there, Tommy.


Tommy Sullivan, are you sure, because you sure do love to spew out them lies like they do. or is it that NewsMaxx, or some other far right site that you get your information from. You might want to try something else, because, well...they are lying to you.

Oh really? Funny, my degree in economics would like to argue that I do know a lot more about the economy than you do. Not to mention my boss and my collogues. For the third time, what is your career path, son? (I'm guessin ghte reason you do not answer that question is because you're afraid to reveal your lack of an economic education)

LOL...no, I think the US economy is working because of the evidence. You should have figured a few things out from my posts. Sadly you did not. So here another link that can disprove your lies.
https://www.macrotrends.n...gdp-growth-rate


Tommy Sullivan but you just posted, not 29 minutes ago "The Brandon administration has killed the economy". So how can you claim one thing and then go to claim that "the economy is working, just like its worked in previous recessions"? You do know that those two statements are diametrically opposed, right? Yeah, seems like you're just making things up at this point. Not to sure why, but it's very clear,

No, it's 8.5%. We have facts that can prove that. When August ends, we'll get more numbers, and I'm placing a bet of several Quatloos that it's going to be lower than 8.5%. But we will see about it in September.

Yeah why would I be happy with "high inflation, higher interest rates, and another real estate bubble"? I don't like them at all, no one that works in the fanatical field does. Are you making things up again to make yourself look correct?

Why is it "funny" that I proved you wrong? Oh wait, it kind of is amusing, I suppose. Oh and yeah, it is proof that the economy is not "killed " as you first claimed.

Lol...yeah I'm pretty sure that my job requires me to be familiar with US economic history. Not to mention the years of schooling I had to take. You wanna remind us all what your career path is, son?

Oh, one more thing..1929, that was not a recession, that was a technical depression. here, another link (that you will not read through) that will elp you to better understand these complex economic terms you keep tossing about.

https://money.usnews.com/...%20homelessness.


Tommy Sullivan, yah no it's not "working BADLY". You keep using the services of an America company, so it's not working badly. I am watching American broadcast TV, and they still seem to be broadcasting. Not just broadcasting, but featuring advertainments as well, so not to sure where you got your BS from. I'm guessing Fox News (and oh look, they too are an American company).

Sure it's working well. So well that the unemplyment rate is 5.46%.
https://www.macrotrends.n...employment-rate

Lol...how amusing. You make clams that "I don't understand", but yeah, I really do. It's kind of my job. Been at it for over a decade now. What is your career path again, son?


Duane Francis The best I can tell Tim Hindenberger wasn't blaming the entire housing shortage on illegal immigration and I in no way implied it. I'm not even against a very robust immigration policy. Further, my very limited experience with Mexicans and Central Americans has been exceedingly positive. I have found them to be friendly, law abiding and hard working - all traits I admire. However, there can be no doubt that border crossings equivalent to the population of St Petersburg Florida or Glendale California each month increases the demand for housing. And no - you don't need to buy a home to reduce the available supply. You only need to occupy a home. Anyone with an once of common sense would understand this.


Aaron Joy perhaps you are not paying attention in an effort to hold to your beliefs but not facts. Masks do not work. Social distancing does not work. You (we) knew it then as we do now with substantial evidence to support it. no guesses ...your desire to smear your president as you have since he declared puts more parody, more name calling in place of actual events. Should you recall Democrats telling everyone there is no problem and you should go out and party - Pelosi regarding Chinese New Year. Schumer telling people just to wash your hands and you will be fine (might have actually been the best advice). When your president followed suit you vilified him as usual as you are trying now when Democrats immediately switched and demanded a shutdown....your message is old, false, demeaning, and designed to smear failing any factual information. Go hate somewhere else like the Klan you like to point fingers at....


Joe Anthony
Trump who has a (previously unknown) corporate bank account in the country, one of only three foreign accounts the company maintains; and it is Trump who has absorbed millions of dollars from China and gave some of it to his father, there is lots of evidence that Trump has made money in China while in office, $5.4 million pieces of evidence, in fact.
Chinese government granted a total of 41 trademarks to companies linked to Ivanka Trump by April of 2019—and the trademarks she applied for after her father became president got approved about 40% faster than those she requested before Donald Trump’s victory in the 2016


10ºJo D Villasana the guy wouldn’t tell me how much it was. He only asked me how much of a monthly payment I would be able to make and adjusted the price of the house to make the numbers “add up.” Ended up being $200k on paper and I guess he didn’t know I saw the listing price inside the home on the fridge that read $125k. He really thought he was gonna make $75k off that sale Not to mention I have a 750 credit score and the interest rate was 21%. I instantly laughed and walked out. First red flag was commenting on mine and my husbands jewelry as soon as we walked in. What a joke. I hope he never sells another home to anyone.




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