CRASH ALERT? Home sale prices are in freefall across 938 Australian suburbs, signalling a dramatic end to the property boom! Yet, amidst the carnage, a jaw-dropping '$19 million property trend' is quietly emerging. Is this the beginning of the end? Is the housing crash finally here?

#ausproperty #propertymarket #realestate #housingcrash

https://au.finance.yahoo.com/news/19-million-property-trend-quietly-taking-hold-as-prices-of-home-sales-slump-in-938-suburbs-193440410.html

$1.9 million property trend quietly taking hold as prices of home sales slump in 938 suburbs

By some measures, property prices are seriously retreating in pockets of the country. Here's the top suburbs where sale prices are heading south.

Yahoo

Update - 2-bedroom 1400-sq-ft apartments in eastern MA are now going for $5200/month. That's almost DOUBLE my mortgage.
And people are snatching them up like it's the best deal on earth. And these places have paper-thin walls and are made out of kindling.
WTAF!?!?

#HousingCrash #HousingBubble #OverpricedApartments #ApartmentLiving

Merkley & Smith's "End Hedge Fund Control of American Homes Act of 2023" Is Too Little, Too Late

Democratsโ€™ bill to ban hedge fund investors from single-family real estate is a classic case of too little, too late, with the added insult of political slight-of-hand designed to win politicians credit for an economic trend already underway, a trend which many of the same politicians stood by and allowed to develop in the first place.

Socialism For All / S4A โ˜ญ Intensify Class Struggle