Tag: Affordability

Auto Loan Affordability Tanks, and Delinquencies at Three-Decade High

Subprime is securitized into ABS derivatives that’s reminiscent of mortgage-backed securities that were responsible for the Great Financial Crisis.

Bubble, Bubble, Housing Market Toil and Trouble: Capitulation

Buyer sentiment and data points appear to have entered a phase that mirrors the Great Financial Crisis housing bust to boom cycle, or worse.

Bubble, Bubble, Housing Market Toil and Trouble – Part 2

Gundlach: “housing prices are doomed and the economy could lose several million jobs... refinancing industry completely dead.”

The EV Swindle

Electric Vehicle adoption by the 2030s is an economic, environmental, and infrastructure boondoggle rammed down the throats of U.S. citizens.

New Car Sales Plunge as Affordability Tanks and Repos Spike

Deteriorating supply vs. demand in the auto industry and warnings about indebted plebes with car loans slated for the delinquent parking lot.