Liberal Utopia: Two-Mile-Long Vehicle Encampment Spotted In [Marin County] California

Liberal Utopia: Two-Mile-Long Vehicle Encampment Spotted In California https://t.co/1XdbFTQKEu

— zerohedge (@zerohedge) May 8, 2023

IT’S A BUBBLE. An Airbnbubble. Airbnb listings in Dallas are up 619% since 2016 Most Airbnb listings are in a property portfolio managed by commercial “hosts”

IT’S A BUBBLE. An Airbnbubble.

Airbnb listings in Dallas are up 619% since 2016

Most Airbnb listings are in a property portfolio managed by commercial “hosts”

Almost half (45%) the listings are in a portfolio with 5+ home rentals  https://t.co/5GMBsCksAA

— Amy Nixon (@texasrunnerDFW) May 7, 2023

Among the 100 largest housing markets tracked by http://Realtor.com, only Austin saw active listings in April 2023 top April 2019.

You can find the data for the 100 largest markets below https://t.co/IG2uKv6lRz

— Lance Lambert (@NewsLambert) May 7, 2023

Industrial Production [in Germany] has plunged 3.4% MoM in March vs. -1.5% expected, mainly driven by a 6.5% slump in auto production.

Good Morning from Germany where Industrial Production has plunged 3.4% MoM in March vs. -1.5% expected, mainly driven by a 6.5% slump in auto production. Manufacture of machinery & equipment (-3.4%) & construction output (-4.6%) add to the significant decrease in total production pic.twitter.com/Hgi1MSC311

— Holger Zschaepitz (@Schuldensuehner) May 8, 2023

what homeowners “trapped” in a 2-3% mortgage rate looks like

This is what homeowners “trapped” in a 2-3% mortgage rate looks like pic.twitter.com/lM9NyGCeS4

— Ramp Capital Guy (@RampCapitalLLC) May 7, 2023

Stop looking at what they want you to look at -- runs on bank stocks that aren't in trouble -- ...and look at stuff that screams "Something is really wrong!"

Stop looking at what they want you to look at -- runs on bank stocks that aren't in trouble --
...and look at stuff that screams "Something is really wrong!" pic.twitter.com/bqjgJjqvHM

— Tom Luongo (Head Sneetch) (@TFL1728) May 5, 2023

According to Morgan Stanley HALF of the $2.9 trillion in commercial mortgages will need to be renegotiated in the next 24 months when new lending rates are going to be up by 350 to 450 basis points.

Commercial real estate is in trouble.

According to Morgan Stanley HALF of the $2.9 trillion in commercial mortgages will need to be renegotiated in the next 24 months when new lending rates are going to be up by 350 to 450 basis points.

AND vacancies are about to hit 20%. pic.twitter.com/rNJezuaTPC

— Genevieve Roch-Decter, CFA (@GRDecter) April 29, 2023