Pinnacle Wealth Group, LLC’s Post

And this dislocation is clearly sustainable !, how many warning signs are needed to recognise a trend can be a trend or a trend can be singing unsustainable from a societal perspective!, house s (in reality land) have been used from a favourable tax perspective to retain wealth in a 40 year disinflationary cycle with M2 growth to retain wealth, congrats 👏, fantastic, nobody born from the noughties can now afford to buy a roof over their head (stability) let’s see how that works out in the next decade, I don’t think it will be accepted, (it will speak volumes of sadness if it is because we will be back in Dickensian times) and that’s volatility, leverage is great on the way up, i suspect we will see what it is like on the way down in the late 20s, I suspect harsh policies and tax repression

While sales of affordable homes fell, sales of high-end homes over $1 million saw nearly 30% annual growth. This may reflect the unique interests and needs of some wealthy buyers in the housing market. One possible explanation is that wealthy buyers may be looking for larger, more luxurious or more exclusive properties to suit their lifestyle and investment needs. In addition, the low interest rate environment and the consideration of investment value preservation may also prompt some wealthy families to increase real estate investment. This trend may have an important impact on the overall dynamics of the real estate market and deserves further in-depth study and observation.

Should be a concerning and not interesting trend for policymakers.

The rich are getting richer and everyone else is getting poorer. Time to reverse this trend!

Normale. In una società QUANTITATIVA le Classi Povere DEVONO SPARIRE. Peccato che gli. U. S. A. pensano ancora di poter ritornare SUPERPOTENZA..... Illusioni di COWBOYS con tanti soldi e niente CERVELLO.....

Simple. The answer is Greed.

Cash buyers presumably