Real Estate
Personal Finance Guru Dave Ramsey Cautions Against Risky Real Estate Strategies Amid Interest Rate Cuts
- CryptoGlobe Writer
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- 27 Sep 2024
Following the Federal Reserve’s recent interest rate cut on 18 September, the U.S. real estate market seems primed for increased activity. As Jeffrey Quiggle reported for TheStreet, with mortgage rates for 30-year fixed loans hovering near 6% and potentially dropping further, experts expect an uptick in home buying and refinancing activity. However, personal finance guru […]
U.S. Economy on Thin Ice: Former SEC Chair Jay Clayton Exposes Impending Bank Crisis
- CryptoGlobe Writer
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- 12 Feb 2024
On February 12, Jay Clayton, the former Chairman of the Securities and Exchange Commission (SEC), joined CNBC’s “Squawk Box” to offer his insights into the current state of the commercial real estate sector, its potential repercussions on banks, and the overall economy. His analysis provides a nuanced understanding of the financial landscape, touching on systemic […]
Chinese Investors Trigger Global Real Estate Meltdown Amid Escalating Property Crisis at Home: Bloomberg Report
- CryptoGlobe Writer
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- 9 Feb 2024
According to a report by Neil Callanan and Ainslie Chandler for Bloomberg, Chinese investors and their creditors are hastening the sale of real estate assets across the globe as the need for liquidity amid a worsening property crisis in China outweighs the risks of selling into a declining market. This trend is shedding light on […]
Peter Schiff Warns of Banks’ Escalating Real Estate Exposure, Surpassing 2007 Levels
- CryptoGlobe Writer
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- 14 Oct 2023
Peter Schiff, CEO of Euro Pacific Capital, recently raised alarm bells about the increasing dangers banks are encountering due to their amplified exposure to the real estate market. Schiff also holds multiple positions in different financial services firms, such as Euro Pacific Asset Management, an autonomous investment advisory firm; Schiff Gold, previously known as Euro […]
China’s Property Market Collapse Threatens Global Economy
- Francisco Memoria
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- 22 Sep 2023
China’s real estate conundrum has heightened global economic anxieties, with recent surveys indicating its position as a top credit risk to the global economy. Evergrande’s 2021 turmoil, though anticipated, paved the way for newer concerns – Country Garden’s surprising stumble. According to a recent survey from Bank of America, the ratio of respondents worried about […]