US Foreclosures would have been even -worse- under Kamala!!! /s
LaughingInTheVoid on
No, this time it’s Obama, with just a dash of Bill Clinton.
MyBoyBernard on
26% in a quarter!?
That’s actually insane. I know we can all (well, can we?) do basic math, but it needs to be put here explicitly, rather than implicitly: that means it will double over a year. 100% more in a year.
That’s actually insane.
Might fix the housing shortage though …. /s
jcwilliams1984 on
Let me rewrite that for you.
Foreclosures are at the highest level since last time dumbass donny was president
Accurate_Tax_1302 on
If not Biden, then it’s s the “radical left’s” fault. /s
johnniechimpo on
The goal of this administration is to eliminate the middle class.
Once you’re poor, you’ll be easier to control because you still need to eat.
Sad_Bike8692 on
This is great news for our corporate billionaire overlords. They will buy up these houses to rent out as slum lords for the absurd price of you working two jobs.
OkRush9563 on
They will unironically tell you yes with a straight face. Fucking cult.
HughFairgrove on
This is how 2008 started right and no one was paying attention till it was to late?
elclarkio on
Yes, next
/s
Effective_Pack8265 on
A noun, a verb and ‘Joe Biden’…
chrisproglf on
This is by design, no war but the class war.
ThatItalianGrrl on
Naturally
catnapped- on
Yes. Yes it is. Biden is running the shadow government in his sleep (a true mastermind) to make Trump look bad. /s
icleanjaxfl on
Traditional-Look8839 on
To this day I’ll never understand why America thought Trump would be the answer to solving affordability when he doesn’t even know what the damn word means.
psypher98 on
With the highest rates being in Indiana, South Carolina, and Florida.
The leopards are eating well.
Hostile-Panda on
Cheap property for the billionaires to snatch up
matt95110 on
I was just at McDonalds and the ice cream machine was broken. It was 100% Biden’s fault.
JustTheOneGoose22 on
Auto deliquency has reahed a 32 year high meaning more auto loans are deliquent now (over 5 %) than even were at the height of the 2008 financial crisis.
TheDudeAbidesFarOut on
Biiiiiiiden
Familymanjoe on
In Trump math it’s up 800%
Snoo-59881 on
This is how a recession works. They force us to pay more for every day items, people get poor. They then scoop everything that is being sold cheap out of desperation for us to get by. Over and over, every decade.
PerryNeeum on
That guy needs more bronzer
IdioticPrototype on
Of course. Bad and Biden both start with the letter ‘b’ therefore anything bad that has ever happened *must* be Joe Biden’s fault!
malachiconstant76 on
They’ll blame Biden but this is by design to allow private equity to make everyone permanent renters.
dg2793 on
Didn’t an 8% mortgage failure rate crash the housing market last time. How could a 26% jump not destroy everything. I know it’s not literally 26% but like
I know this is bad….but ive been praying for a housing market crash. Houses are so expensive that I cant afford a mortgage and I make 6 figures. Its really upsetting. >.>
The issue is I know its not going to be for my benefit. With all of these dumb rental companies that take all the good first time homes, clean them up and flip them for continous profits. Its like entire industries are converting to continous rental of things we used to just own. I hate it with a passion.
WhiteDiamondK on
Biden’s fault, I’m guessing. Maybe even Obama’s fault. Going out on a limb, has anyone checked to see if this had anything to do with Franklin D. Roosevelt?
seraphim383 on
He’s creating cheap real estate purchases for himself and his buddies… It’s a feature of both his presidencies.
33 Comments
US Foreclosures would have been even -worse- under Kamala!!! /s
No, this time it’s Obama, with just a dash of Bill Clinton.
26% in a quarter!?
That’s actually insane. I know we can all (well, can we?) do basic math, but it needs to be put here explicitly, rather than implicitly: that means it will double over a year. 100% more in a year.
That’s actually insane.
Might fix the housing shortage though …. /s
Let me rewrite that for you.
Foreclosures are at the highest level since last time dumbass donny was president
If not Biden, then it’s s the “radical left’s” fault. /s
The goal of this administration is to eliminate the middle class.
Once you’re poor, you’ll be easier to control because you still need to eat.
This is great news for our corporate billionaire overlords. They will buy up these houses to rent out as slum lords for the absurd price of you working two jobs.
They will unironically tell you yes with a straight face. Fucking cult.
This is how 2008 started right and no one was paying attention till it was to late?
Yes, next
/s
A noun, a verb and ‘Joe Biden’…
This is by design, no war but the class war.
Naturally
Yes. Yes it is. Biden is running the shadow government in his sleep (a true mastermind) to make Trump look bad. /s
To this day I’ll never understand why America thought Trump would be the answer to solving affordability when he doesn’t even know what the damn word means.
With the highest rates being in Indiana, South Carolina, and Florida.
The leopards are eating well.
Cheap property for the billionaires to snatch up
I was just at McDonalds and the ice cream machine was broken. It was 100% Biden’s fault.
Auto deliquency has reahed a 32 year high meaning more auto loans are deliquent now (over 5 %) than even were at the height of the 2008 financial crisis.
Biiiiiiiden
In Trump math it’s up 800%
This is how a recession works. They force us to pay more for every day items, people get poor. They then scoop everything that is being sold cheap out of desperation for us to get by. Over and over, every decade.
That guy needs more bronzer
Of course. Bad and Biden both start with the letter ‘b’ therefore anything bad that has ever happened *must* be Joe Biden’s fault!
They’ll blame Biden but this is by design to allow private equity to make everyone permanent renters.
Didn’t an 8% mortgage failure rate crash the housing market last time. How could a 26% jump not destroy everything. I know it’s not literally 26% but like
https://preview.redd.it/ybywiprao5zg1.jpeg?width=1421&format=pjpg&auto=webp&s=936b418f5effa17dadd0b80ec5c4070eb7d9d0f4
I know this is bad….but ive been praying for a housing market crash. Houses are so expensive that I cant afford a mortgage and I make 6 figures. Its really upsetting. >.>
The issue is I know its not going to be for my benefit. With all of these dumb rental companies that take all the good first time homes, clean them up and flip them for continous profits. Its like entire industries are converting to continous rental of things we used to just own. I hate it with a passion.
Biden’s fault, I’m guessing. Maybe even Obama’s fault. Going out on a limb, has anyone checked to see if this had anything to do with Franklin D. Roosevelt?
He’s creating cheap real estate purchases for himself and his buddies… It’s a feature of both his presidencies.
This was Obiden Clinton’s fault I’m sure of it
https://preview.redd.it/veyezfcsw5zg1.jpeg?width=1179&format=pjpg&auto=webp&s=10f4b2aec16ab4abe764a0757dddef1ff0cde7f3
The mad orange king blowing the economy harder than he blew bubba.