just concluded the hearing, now wall street can move up happily ever after, these guys on capitol hill ask the most lame ass questions and some questions they ask yellen just tries to avoid giving a real answer to, typical of capitol hill, just like when BUBBLE ben bernanke was being questioned. Nothing ever comes out of these meetings....
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
http://finance.yahoo.com/news/rent-...ver-next-two-years--zillow-ceo-143648411.html
A new report from Zillow shows that rents across the U.S. are increasing, and not just in the expected regions of New York City, San Francisco and Boston. Overall, rents increased 3.3% year-over-year as of January. But many cities outpaced that, including Kansas City, which saw rent grow more than double the national average, jumping 8.5% year-over-year. St. Louis saw rent increase by 4.5% over the same period. Rents in Detroit grew by 5.0% and rents in Cleveland grew by 4.2%.
Nationwide, rental appreciation is still below its peak - 6.3% hit in September 2012 after the housing bust. According to Zillow, monthly rents have grown at roughly twice the pace of wages in the U.S. since 2000. That means Americans are having to spend a greater share of their income on rent - about 30%, versus 25% in the past. And this problem isn't likely to go away anytime soon. Zillow surveyed a number of economists and real estate experts who all said they expected rental affordability to continue to "deteriorate for the next two years."
A new report from Zillow shows that rents across the U.S. are increasing, and not just in the expected regions of New York City, San Francisco and Boston. Overall, rents increased 3.3% year-over-year as of January. But many cities outpaced that, including Kansas City, which saw rent grow more than double the national average, jumping 8.5% year-over-year. St. Louis saw rent increase by 4.5% over the same period. Rents in Detroit grew by 5.0% and rents in Cleveland grew by 4.2%.
Nationwide, rental appreciation is still below its peak - 6.3% hit in September 2012 after the housing bust. According to Zillow, monthly rents have grown at roughly twice the pace of wages in the U.S. since 2000. That means Americans are having to spend a greater share of their income on rent - about 30%, versus 25% in the past. And this problem isn't likely to go away anytime soon. Zillow surveyed a number of economists and real estate experts who all said they expected rental affordability to continue to "deteriorate for the next two years."
This really is the land of perfect, markets only rise.
Ok, that's 5 posts in a row from a genuinely hysterical S2007S on a pretty tame day on world markets. I can't see what the point of this guy is, all he's done is changed the actual nature of the coming catastrophies he's predicting with of course infinite time frames because he's been burnt badly in the past on his projections.It is so pointless to predict massive corrections in the future when you have no idea what the markets will do in the meantime. The true top level will help determine what the next floor is.
Something tells me he's having lunch at Shake Shack being rude to the staff and crying into his milkshake at how emotionally upsetting markets, the Fed, and assorted other gremlins are to him on a daily basis. Apparently, rent levels are his newest axe to grind on here.
Something tells me he's having lunch at Shake Shack being rude to the staff and crying into his milkshake at how emotionally upsetting markets, the Fed, and assorted other gremlins are to him on a daily basis. Apparently, rent levels are his newest axe to grind on here.
nope never been to a shake shack before and don't plan on it, but i do know its a short because a burger place valued at nearly $1,000,000,000 makes me laugh..... again all you have to do is write BUBBLE ben bernanke a big thank you note for that IPO taking place a few weeks back!
And you probably disagree that rent levels at these lofty levels have nothing to do with QE or the trillions that the fed pumped into the economy for the last 6 years, oh and yea there is no inflation either
Nikkei is printing more free money than the markets here, I don't know what to say about that, but I do know that the dow is going to 18,500 this week as the nasdaq goes to 5000
so there is more free money to be made on the dow this week, nasdaq up 10 days in a row. keep buying this risk free money making stock market, I still don't know why anyone goes to work when they can they have stocks working for them, they can make thousands a week sitting home watching cnbc than going to work...
Tonight Asia should be up another .50% and by early march 19,000, 30,000 on the nikkei by mid to late 2015, I just upped my prediction due to the fact the markets have zero downside.
Asian equities hit new highs ahead of Yellen's speech
NIKKEI18603.48
+136.56
Here is the link to the debt clock, not that it matters, it seems the higher the debt clock moves the higher the markets go, $18 fucking trillion in debt and not a worry in the world as usual....
http://www.usdebtclock.org
http://www.usdebtclock.org
But I like S2007S....
ZERO downside risk....looking at the tape, buyers keep hitting the offer.
Here's something that will be equally confusing to you. If a house is worth $1 million on the market, but the new owners put a $900K mortgage on it, is it then somehow worth less then $1 million ???
The answer, of course not. The bank will establish whether the owners can afford to swing that kind of mortgage moving forward. I think world markets think the US federal bank can get by for many years, despite what you think of US debt.
And try not to guess what I think, it is you ( not me ) that is posting the hysteria based on pure emotion. I'm commenting on how absurd you are.