In this video, I calculate an approximation of the average new mortgage burden compared to the median household income. TL;DW? 30+%.
World Wide Bubble Risk: https://www.zerohedge.com/personal-finance/which-cities-have-highest-risk-housing-bubble
FOIA for NYC LLC Condo Owners: https://www.zerohedge.com/economics/rip-mask-anonymous-llcs-nyc-billionaires-set-be-exposed-new-housing-law
Council on Foreign Relations (Yes, THAT Council on Foreign Relations) article on imminent housing recession: https://www.cfr.org/blog/housing-market-points-recession-election-day
▶️ 3Speak
