PeterSchiff：September housing starts unexpectedly fell…

Earlier this year the odds of Vivek Ramaswamy becoming Ohio's next governor were over 85%. But given his association with the disastrous Trump economy, the odds have now collapsed to just 26%. Ohio hasn't had a Democratic governor in 16 years, and Trump won the state three times.

2026-10-21 01:391.5K122

Homeowners, how long do you think your home's value holds up against rising mortgage rates? Buyers can't pay more. They can't get approved. The only way homes sell is at lower prices... and the minute that happens, everybody's equity is gone. https://t.co/1OFGKkNm9y

2026-10-21 00:5464586

The Pending Home Sales Index tanked 7.3% in Sept., the biggest drop since Dec. 2025. Worse, the index fell to 66, the lowest level ever recorded, dating back to 2001. That means it's already lower than the lowest level hit during any year affected by the 2008 financial crisis.

2026-10-20 22:4773388

Just like in early 2008, most are oblivious to the obvious signs of a real estate crash. Only this time the losses for lenders will be bigger, as not only will they lose hundreds of billions on the mortgages that default, but they've already lost trillions on the ones that don't.

2026-10-20 22:091.8K163

September housing starts unexpectedly fell 5.2% versus expectations of a 1.3% rise. The real surprises are that anyone expected a rise and that the decline wasn't even larger. Starts will soon collapse as rising construction costs and mortgage rates make new homes unaffordable.

2026-10-20 20:3880280

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