Friday, December 18, 2015

NATION UNDER JUDGMENT - HOME OWNERSHIP SUFFERS

When a nation is under judgment, Deuteronomy 28 spells out how one can tell. We read of multiple examples in the early chapters of Exodus as the Pharaoh that opposed Jehovah came under judgment for his defiance against God's Will. Because of Pharaoh, food sources were destroyed, Egypt was littered with dead and dying livestock and animals, homes and public buildings were destroyed or heavily damaged because that's what judgments do -- they destroy and dismantle a nation's infrastructure and the economy. David Wilkerson wrote in several of his books the different signs of judgment upon a nation.

HOME OWNERSHIP SUFFERS -- People struggle to put a roof over their heads; they try to have a home but are thwarted.

Deut. 28: 30: Thou shalt betroth a wife, and another man shall lie with her: . . .

Social Media Obsession Costing Some People Their Marriage (CBS)

Shock report: Only 16% of Baltimore teens raised with married parents

Over 40% of babies born in America are born to unmarried parents

FYI Orders Spouse-Swap Series ‘The Seven Year Switch'; couples 'bored' with their current marriage will 'get the chance to shack up with a stranger for two weeks in an “experimental marriage' (and yes, even sleep with that stranger)

After The Fed Crushed The Middle Class, It Is Targeting The American Family

20 price increases that are breaking America's middle class families

. . . thou shalt build an house, and thou shalt not dwell therein: thou shalt plant a vineyard, and shalt not gather the grapes thereof.

MARCH 2015, 20-YEAR LOW: Traditionally, owning a home has been a sign that you belong to the middle class; now, the rate of homeownership in the United States has fallen to a 20 year low

BY JULY 2015, 48 YEAR LOW: Homeownership Drops To 48 Year Low; Median Asking Rent Soars To All Time High

The Mystery Of The "Missing Inflation" Solved, And Why The US Housing Crisis Is About To Get Much Worse

The Mystery Of The "Missing" Inflation Solved: Record Number Of US Renters Can't Afford Housing

88,000 apply for 55 apartments in Manhattan

$500 a month to rent a crawlspace in San Fran . . . or $600 a month to sleep in shipping container . . . or $1.2 million for run down shack

All households created during this recovery are renters

Repossessions spike 66% as foreclosure crisis lingers (CNBC)

The Fed's Spectacular Failure To Stimulate Housing

QE Will "Permanently Impair Living Standards For Generations To Come"

Millennials Have No Hope Of Buying A Home In These 13 US Cities

When housing becomes unaffordable for the young

America's Housing Problem: Buying And Renting Are Both Unaffordable

The CPI simply does not do a good job at tracking the true cost of housing for Americans and that is one reason why we are dealing with a major housing crisis

Government Using Subprime Mortgages To Pump Housing Recovery - Taxpayers Will Pay Again

At this point there is no scenario that turns out positive for the housing market. If the Fed has the guts to raise rates, the housing market will tank because mortgage rates will rise. If the Fed chickens out again, it will be because the economy is clearly in recession and demand for overpriced homes will plummet as unemployment rises. Home prices have risen so far above fair value at this point, the market is already beginning to topple.

When a cartoon speaks a thousand words:

7 years of Obama