home.social

#mortgage — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #mortgage, aggregated by home.social.

  1. keenlens.substack.com/p/the-ba

    'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

    'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

    (NZ's Social Credit Party got a Court to agree five decades earlier.)

    'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

    (The OECD average is about twice that.)

    '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
    '.....
    'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

  2. #US #HomePrices hit an all-time high as sales slow & #mortgage rates rise

    Sales of previously occupied US homes slowed in June, but a key measure of #home #prices climbed to an all-time high, adding to #affordability challenges for prospective homebuyers.

    Existing home sales fell 2.4% last month from May to a seasonally adjusted annual rate of 4.09 million units, the National Association of Realtors said Thursday.

    #economy #recession #housing #Trumpcession #Trump
    apnews.com/article/interest-ra

  3. South Korea’s indebted households squeezed as war lifts mortgage costs

    Iran war Variable-rate exposure leaves borrowers vulnerable as volatility hits credit markets A large apartment complex is seen…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #costs #households #indebted #Korea's #lifts #mortgage #south #squeezed #war
    newsbeep.com/us/562148/

  4. South Korea’s indebted households squeezed as war lifts mortgage costs

    Iran war Variable-rate exposure leaves borrowers vulnerable as volatility hits credit markets A large apartment complex is seen…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #costs #households #indebted #Korea's #lifts #mortgage #south #squeezed #war
    newsbeep.com/us/562148/

  5. Engin Tuncer (Eyüp Sabri Tuncer Yön. Kur. Bşk.):

    ''Bir insanın on beş tane, yirmi tane, yüz tane dairesi varsa bu kul hakkına girer. Gayrimenkul biriktirmek insanların barınma hakkını elinden almaktır.

    ✔️Ailemizde kimsenin ikinci dairesi yoktur. Ne şirketimizin ne de ailemizden hiç kimsenin bir tane kirada gayrimenkulü yoktur.''

    #ev #mortgage #faiz #haram #zulüm #zalim #hırsızlık

  6. 🎉 #Apple unveils the iPhone 17, now with 17 more reasons to #mortgage your house! 📱✨ Because who doesn't need a slightly shinier #rectangle with an A19 chip to feel complete? 🙄
    apple.com/newsroom/2025/09/app #iPhone17 #shiny #A19chip #technews #HackerNews #ngated