Cryptocurrency Analysis and News Portal
U.S. rental properties are becoming a “coronavirus safe haven,” according to Roofstock, a residential listings website. Investors from Asia, Europe and even Australia seem to believe the spread of coronavirus is more contained in the United States than elsewhere. The U.S. housing market is likely to benefit from reduced
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Coronavirus is leaving a dent in the Chinese economy, as evidenced by the latest indicators on home sales, inflation and manufacturing productivity. The rapidly spreading virus threatens to disrupt trade and economic growth in key regions, leaving markets exposed to devastating pullbacks like we saw last week. The economic
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UBS is trying to save its real-estate fund from huge redemptions. UBS’ troubles indicate that something greater is amiss with the U.S. housing market. Store closures and loss of employment could trigger the next crisis. The U.S. housing market is enjoying terrific price appreciation thanks to a lack of homes available for sale,
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A new Federal Reserve report shows household debt surged in 2019, growing the fastest since 2008. The housing market is partly to blame. Fourth quarter mortgage originations ballooned at their highest pace since 2005. Household debt now stands at a perilous record $14 trillion. Famed economist and global market strategist David Rosenberg
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The U.S. housing market’s good days could come to an end thanks to coronavirus. Chinese investors have played a key role in propping up the market. They could take away billions of dollars worth of demand thanks to the epidemic. A low mortgage rate environment and the lack of inventories have been tailwinds
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Venezuela has decided to use its state-backed cryptocurrency, the Petro, to fund its ambitious housing scheme.Ildemaro Villarroel, the country’s Minister of Habitat and Housing, confirmed this news in an announcement made on a government website. The minister agreed confidently that by funding the project through the country’s pet cryptocurrency, Petro,
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