To the contrary, good news just blew in yesterday from California: That state’s few remaining sane voters will be packing up and leaving, with The Tarnished State becoming America’s largest Grasshopper sanctuary.
I can’t tell if there is actually a nationwide housing shortage or not: Reporting about rioted neighborhoods, multi-family and apartments is lacking.
But, regardless, single-family housing that is inaccessible to rioters will continue to do well, going forward.
And housing in states hostile to mask and vaccine mandates, should do well, also.
My timeline is 30 days, 60 when I’m hungry for risk. I have no idea what prices will do – especially since prices are a reflection of the hysterical U.S. dollar. But the housing that will do relatively better, going forward, is far, far away from Grasshoppers.
In other news:
Redfin.com: Home Sales Fell 6% in August, the First Annual Decline in 15 Months.
Redfin.com: Housing Market Update: Pending Sales Show Smallest Year-Over-Year Increase in 15 Months.
City Journal: Biden’s Vaccine Mandate Is Unconstitutional: The media were quick to criticize Trump when he claimed similar powers last year.
American Mind: Deep State, Deep Trouble: America’s woke generals and the Military-Industrial Complex must be purged to save the nation.
Brian Brady says:
I heard this conversation yesterday:
B: I hate HOAs
A: Yeah, but some of them can be good
B: I don’t buy it but explain
A: Gated communities with a private security force that keep rioters out
B: Oh, THAT has value
September 16, 2021 — 8:32 am
Greg Swann says:
😉
September 16, 2021 — 8:43 am