UBI Incoming Trojan Horse Brings Eye Scan and CBDC ‘Whether You Like It Or Not’

From credit score concerns to housing affordability issues, the US housing market is seeing significant shifts. Join us in this episode as we delve deep into these issues and their implications. We kick off with the latest from Synchrony Financial, which indicates that US credit scores are sliding again after a boost during the pandemic. What does this mean for individuals and the economy at large? We also analyze a Harvard study revealing that Americans are spending up to 50% of their income on rent. With a surge in U.S. property catastrophe reinsurance rates and a rise in housing prices, this proportion could potentially increase. Despite the challenging landscape, only 1% of US homes have changed hands this year. We will discuss the reasons behind this trend and its potential impact on the housing market. Addressing housing issues, multiple cities, including Baltimore and Indianapolis, are taking significant steps. But, are these enough to combat the crisis? We also highlight the growing ‘warfare against renters,’ where homeowners are opposing the affordable housing push, leading to complex economic and social dynamics. Amidst these trends, U.S. single-family housing starts have dropped, but building permits have reached a 12-month high. How does this dynamic play out in the larger housing market scenario? Finally, Goldman Sachs has predicted four years of housing market gridlock. We'll discuss these predictions and their potential effects on homeowners and investors.
#USHousing #marketanalysis #economy

TOPICS AND TIMESTAMPS:
Operation Sandman 0:00
Weakest Link 4:36
Job Market Worries 12:09

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#money #inflation #investing #business #economy