Real Estate Buddy
@rebuddy_ai
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Comment section filled with responses on companies that do no income 2nd helocs! Insane
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@PeterBerezinBCA Egg, cattle and coffee prices at record highs. That will feed through to broader inflation measures. Its not political.
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Hey all! Would love to know what housing metrics/stats you'd like to see aggregated/charted on a monthly basis? Would love to make super insightful and useful for the community!
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@LoganMohtashami Here's the inventory chart for San Diego. The y/y change is 46.2% which is pretty significant.
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Stay safe out there
60% of trading on Interactive Brokers is the Mag 7. Margin debt increased by 45% last quarter, I’m hearing stock tips from dentists and roofers, and my 22 year old unemployed cousin just turned $75 into $120k on some crypto coin. Just fyi.
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@DonMiami3 @VladTheInflator @MacroEdgeRes @RESightsbyME @MacroEdgeVision These tariffs are going to destroy the Michigan economy
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This is absolutely insane. This country is being held together by fake valuations. Numbers will eventually reflect reality, the more you delay the inevitable the worse the damage gets.
This NYC taxi insurance story is bizarre. A boutique insurer captured 64% of market for livery/taxi drivers by offering rates below acturial cost. That couldn't last and the scheme fell apart last year. Unable to pay claims, it was declared insolvent. The state proposed a rule that drivers needed insurance from a solvent company, one that could actually pay claims. Drivers panicked as sustainable premiums are much higher than they were paying. Caving to ratepayers, the state withdrew the proposed rule and now says that the insurer just has to be licensed in the state, which the insolvent company still is. So rather than require drivers to pay market rates from a solvent company, drivers will pay less to the insolvent company that can't pay claims. Premiums must reflect actuarial costs or the market will eventually fail. But regulators are so sensitive to raising rates that they repeatedly violate this rule.
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