NYLefty Posted September 30, 2023 Report Posted September 30, 2023 This recession Germany was supposed to have and that the American right and Vlad were getting all giddy about never happened. Yep the one where the whole socialist safety net was supposed to drop out of. Just ain't happening.The inflation rate is rapidly decreasing. Out on the streets the last thing you see is a recession. Busy as hell, people everywhere. Nobody losing their homes like in our recessions. No one on the street. Germans as they call it taking holiday/vacations everywhere, many to the states. Americans needs to remove the blinders. Quote
robosmith Posted September 30, 2023 Report Posted September 30, 2023 People don't lose their houses here in recessions as much as they used to. Many more programs available to prevent mortgage foreclosure now. Quote
CdnFox Posted September 30, 2023 Report Posted September 30, 2023 8 minutes ago, NYLefty said: This recession Germany was supposed to have and that the American right and Vlad were getting all giddy about never happened. Yep the one where the whole socialist safety net was supposed to drop out of. Just ain't happening.The inflation rate is rapidly decreasing. Out on the streets the last thing you see is a recession. Busy as hell, people everywhere. Nobody losing their homes like in our recessions. No one on the street. Germans as they call it taking holiday/vacations everywhere, many to the states. Americans needs to remove the blinders. I don't know about germany but the us is definitely showing the signs. Inflation is only dropoing because interest rates are rising and that slows down the economy, Which is what it's intended to do. there's other fundimental problems in the states and the economic news isn't good. That's why biden is dropoing in the polls so bad. Quote "That which doesn't kill me... Had better start running."
CdnFox Posted September 30, 2023 Report Posted September 30, 2023 2 minutes ago, robosmith said: People don't lose their houses here in recessions as much as they used to. Many more programs available to prevent mortgage foreclosure now. It's still not good https://www.nesto.ca/real-estate/mortgage-defaults-foreclosures-rising-interest-rates-canada/ https://financialpost.com/real-estate/mortgages/mortgage-defaults-foreclosures-rising Quote "That which doesn't kill me... Had better start running."
robosmith Posted September 30, 2023 Report Posted September 30, 2023 1 minute ago, CdnFox said: It's still not good https://www.nesto.ca/real-estate/mortgage-defaults-foreclosures-rising-interest-rates-canada/ https://financialpost.com/real-estate/mortgages/mortgage-defaults-foreclosures-rising Your cites about Canada do not refute my post about "HERE" in California. Duh Of course, RE is much more valuable in California than in the cold North. Quote
CdnFox Posted September 30, 2023 Report Posted September 30, 2023 3 minutes ago, robosmith said: Your cites about Canada do not refute my post about "HERE" in California. Duh Of course, RE is much more valuable in California than in the cold North. First - https://www.nbcnews.com/business/economy/home-foreclosures-rising-in-us-where-which-states-rcna88394 Damn you're an !diot And second: a single family home in cali averages $708,936, us or 958,127.00 canadian an average british colunbian homes - including one bedroom etc so including smaller homes - is well over a million. Real estate in bc is far higher than Cali. It's worth more Wow - you're wrong twice in the same post. Very efficient Quote "That which doesn't kill me... Had better start running."
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