Peter Schiff is a financial expert who correctly predicted the 2007 real estate crash. In an August 2006 interview, Schiff said, “The United States is like the Titanic and I am here with the lifeboat trying to get people to Read more…
Month: November 2021
Jesse Colombo, an economic forecaster who identified a housing and credit bubble in the US prior to the 2008 crash, says a number of new bubbles in markets around the world are set to burst. He said: “I am very Read more…
The Reserve Bank of New Zealand issued its latest financial stability report on Wednesday, which highlighted its concerns about “unsustainable” house prices. It said there was an increased risk of correction in the market. The further house prices rise above Read more…
After the 2007 crash, the US Federal Reserve created a “Exuberance Index” tool as an early bubble identifier. It is meant to help central banks and politicians act on bubbles early to reduce the size of a crash. When central Read more…
This article is from a couple of years ago, but the points raised are particularly valid today. We are seeing government stimulus and spending on a grand scale, coupled with low interest rates and printing of money out of thin Read more…
According to the Apartment List: Spokane Valley rents rose 52% since 2/28/20 (#1 in the country) Boise rents rose 39% (#4 in the country) Spokane rents rose 35% (#9 in the country) Portland rents were up 1.1% Seattle rents were Read more…
Spokane Valley is tied with Orem, Utah as one of the fastest growing cities in the U.S. This is not surprising since it is close to Coeur d’Alene, which is close to the top of the list of fastest appreciating Read more…