TRENDS IN THE HOUSING MARKET — Massive American housing affordability Crisis coming !
640 views · Published 30 November 2017 · 1:14:12 · Indexed 24 October 2026
Channel: Mike Martins · 2017 · People & Blogs
“What's happening in America is they're falling trailing behind the rest of the english-speaking countries.” — Mike Martins, November 30, 2017 Topic: American housing affordability and international housing cycles. Context: You explain your belief that the United States is several years behind Canada, Australia, New Zealand, and the United Kingdom in experiencing similar housing problems. “Without a house you can't lay roots and raise a proper family properly.” — Mike Martins International Archive Connections Country Archive subjects Canada Underwater mortgages, HELOC debt, stress tests, Vancouver speculation, farmland United States California exodus, Seattle affordability, Portland homelessness, corporate landlords United Kingdom London garden grab, empty properties, housing supply, green spaces Scotland (UK) Glasgow and Edinburgh empty homes, homelessness, vacant-property taxes Ireland Dublin housing emergency, rental insecurity, homelessness New Zealand Auckland affordability, foreign-buyer restrictions, housing shortages Australia Rental crisis, pensioner homelessness, Sydney bubble, mortgage stress Prediction / warning What you anticipated 1. America is next US cities could follow Canada, Australia, and New Zealand into severe housing affordability problems 2. Canadian mortgage trouble in 2018 Falling home values, mortgage renewals, and stress tests could put borrowers under pressure 3. Vancouver buyer exclusion You estimate that new mortgage rules could disqualify closer to 25% of potential buyers, above the reported 11–12% estimate 4. Farmland destruction Speculative property purchases could reduce productive agricultural land and threaten future food production 5. London loses green space Other cities could follow London's proposal to develop smaller sites, including gardens 6. Renting becomes unaffordable People unable to buy homes could increasingly find themselves unable to afford rent 7. Australian housing vulnerability Mortgage stress and elevated valuations could expose Australia's property market to a future correction #mikemartins #TrendsInTheHousingMarket #housingcrisis #canadahousing #americanhousingmarket #australianhousingmarket #newzealand #ukhousingcrisis #housingbubble #mortgage #empty #workingpoor #housingaffordability #2017
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