“Why are people so unlucky at house-training puppies? They’re not dogs, that’s why. The whole trick to it is demonstration – and its lingering aroma.”
When you know you’re being lied to, when do you know you’re not being lied to? Maybe if you took a poll…
Here’s the deal: There will be hell to pay, somewhere, sometime soon. The dollar is worth 75% of its value at the start of this year, and some significant, largely-unreported fraction of the nation’s housing stock has been abandoned in the aftermath of this summer’s riots.
We had a concentrated recession, and that’s a good thing: Productivity growth ameliorates growth in the money supply. But: Still: Hell is to have been paid – mostly, I expect, in the cities where the exodus is happening. Giant suburbs like Phoenix will probably be hurt less, because of the ongoing artificially-inflated demand.
Why should you be reading the Overnight News every day? Who else is telling you the truth about the real estate markets right now?
CNBC: Homeowners are $1 trillion richer thanks to the pandemic-driven housing boom.
CNBC: Trend shows home price growth at record high, rising at fastest pace since early 2000s.
CNBC: Renters return to Manhattan, driving 30% gain in new leases in November. Wanna make your eyes pop? “[M]ost landlords offering more than two months free rent.” That’s how you bury the news without actually emitting false statements.
Sam DeBord: Tweetstorming the Industry Relations Podcast with Jack Ryan of REX.
Joel Pollak: Why the 2020 Election Was Neither Free nor Fair.
Jay Valentine: Who Will Be the Fraud Deniers?
PJ Media: YouTube Says It Will Start Deleting Content Alleging 2020 Election Voter Fraud.
The Federalist: Facebook Sued By 48 Attorneys General, FTC For Allegedly Obtaining Social Media Monopoly.
Jay Valentine: How Google Falls.
