Mortgage payment to income ratios are now pushing as high as 40%.
— The Kobeissi Letter (@KobeissiLetter) September 4, 2023
This is above the 2008 peak of ~34% and by far the highest level in history.
It is now nearly ~1.7x more expensive to buy a home than to rent.
The problem is that supply is scarce and higher rates are only… pic.twitter.com/M7b7R8js2I
Macabre way to “OPEN” an account
https://www.dailymail.com/news/article-15774697/Man-digs-sisters-body-takes-bank-prove-dead-refused-access-account.html?...