Oz Buzz #72: Astounding SF Price Crash February To June

UGLY 4 MONTHS AHEAD; STRESS TEST TO 7.49%; INTEREST RATES EVEN HIGHER – WATCH JULY 13; CASH IS NOT TRASH; WHAT EXACTLY IS A TRILLION?; ASTOUNDING SF PRICE CRASH FEBRUARY TO JUNE; SALES CONTINUE TO PLUMMET EVERYWHERE; THE NUMBERS: JUNE 2022, 2021, 2020, 2019; HELOCS WILL GO; OZBUZZ WRITES FOR REAL ESTATE INVESTORS; CRYPTO CRASH – BITCOINS, ALTCOINS, SCAMS GALORE; STOCKS CRASHING – LARGEST IN 52 YEARS; FUD; BUYING IN PORTUGAL; REVENGE OF THE LITTLE MAN; QUESTIONS, QUESTIONS; TOILET OF THE MONTH – GET DOWN TO BUSINESS

Hong Kong is Crashing?

A sharp reversal in Hong Kong home sales. Condos down 20%. Some panic selling (South China Morning Post). Further, the local Centaline Property Agency estimates that total Hong Kong property transactions in January were the worst month since 1991, when it started compiling monthly figures. In other words, the biggest drop in recorded history! A sale of a big condo

By |2019-05-29T19:42:23-07:00February 29th, 2016|Categories: Hot Tip|Tags: , , , , , |0 Comments

Protected: Facts By Email #5 – The Numbers, The Numbers – Vancouver

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Hot Tip: Real Estate Outlook 2016

How will the BAD CHINESE NEWS affect real estate? In our upcoming Outlook issue: 1. Chinese economy slowing, stocks down 20% - we know that Chinese money will flee the currency decline: WE WILL TELL YOU WHAT COMES AND WHERE IT WILL GO 2. Stocks DOWN 20% in China, 9% in Canada everywhere: WE WILL TELL YOU WHY

Chinese (and other) market crashes

1. China had an over-developed real estate market (accounts for around 15% of the Chinese economy). Home prices in China’s major cities crashed in 2013/2014. This put serious pressure on Chinese consumers, since around two-thirds of the typical Chinese family’s wealth is tied to their homes. 2. When housing started going bust, Chinese investors started

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