RT Beff – e/acc (@BasedBeffJezos)"Beff, why are you obsessed with the Kardashev scale?"Because a rising civilizational energetic tide floats all boats.We could scale the economy by a factor of 10 trillion by getting to Kardashev type 2 https://t.co/b1C3TKnXkF ...

"One way to look at the progress of civilization is percentage completion Kardashev so if you're in a Kardashev Scale I, You've harnessed all the energy of a planet”Elon Musk https://t.co/OLhoPPEl3f ...

Group 1 - The core issue in the Australian real estate market is that single buyers are facing increasing pressure, with only 16% of regions being affordable for the average Australian to purchase a detached house [1] - In the apartment market, single buyers can only afford approximately 28% of regions, a significant drop from 66% in 2017 [2] - The affordability crisis has led to a notable decrease in the proportion of single buyers among first-time homebuyers, dropping from 45% in 2021 to 39% in 2025 [2] Group 2 - In New South Wales, the situation is particularly dire, with the percentage of regions affordable for single buyers of detached houses plummeting from 40% in 2017 to just 11% by 2025 [2] - South Australia has seen a dramatic decline in affordability, with the percentage dropping from 85% in 2017 to 19% in 2025 [2] - Finder's personal finance expert, Sarah Megginson, emphasizes that buying a home is now more challenging than ever, especially for those attempting to purchase without partner or family assistance [5][6] Group 3 - The expectation of interest rate cuts before Christmas may alleviate some pressure on current mortgage holders, but it could make entry into the market even more difficult for new buyers [8] - Increased demand in affordable markets is anticipated, which may further drive up entry-level property prices, exacerbating the challenges faced by first-time buyers [8]

For more on this state of housing and mortgage demand, let's bring Matt Ishbia, CEO of United Wholesale Mortgage. The company is the number one mortgage originator in the country. Matt, it's great to have you back on the show.Welcome. Let's start right there. Is 7% the new normal.You know, I don't I don't know. I It seems like it's been there for a little while, but the the truth is you got to shop around. There's a lot of people that get rates at the six and a quarter, six and a half, and there's of course ...

Outlines proactive steps taken by Board and management to drive long-term stockholder value Urges stockholders to vote “FOR” Oportun’s two nominees – CEO Raul Vazquez and Carlos Minetti – on the GREEN proxy card SAN CARLOS, Calif., June 18, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today released an investor presentation in connection with the Company’s upcoming Annual Meeting of Stockholders, scheduled to be held on July 18, 2025. The presentation and add ...

You go to California and sometimes to get a building permit takes you 3 years. You know in New York it's impossible. So in my business it is much easier to build here.What worries me is affordability. The middle class and the working class where do they live. The moment that we build a mid-inccome or affordable housing product it gets consumed immediately.The demand is never ending because people do want to be close to their jobs. They just can't afford to be close to their job. Over the last 5 years, media ...

PITTSBURGH, June 18, 2025 /PRNewswire/ -- PNC Bank, N.A., a tax credit syndication leader, today announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than $208 million in the development and rehabilitation of affordable rental housing across the U.S. The fund includes investments from PNC and seven other financial services and insurance companies, including two investors that are new to PNC's LIHTC funds.  The investment will provide a positive impact nationwide by ...

Homebuilder confidence fell in June, logging its third lowest reading since 2012. Buyers struggling with affordability stayed on the sidelines, even as builders lowered prices. https://t.co/ZRCgV2QSrL ...

Confidence among US homebuilders in June hit its lowest level since December 2022 as high mortgage rates and policy uncertainty hit wouldbe buyers. With more on the landscape for homebuilders, we have Katie Hubard, Walton Global's executive vice president of capital markets joining us now. So Katie, there was actually an expectation we would see sentiment rebound here.Clearly not the case. What does this tell us about where home builders and really the overall housing market stand right now. Yes.Hi Ally, th ...

Well, Rick, home builder sentiment in June dropped two points from May to 32 on the NAHB index. The street was actually looking for a slight improvement. This index has only seen a lower reading twice since the Great Recession back in 2012.And that was in December of 2022 when mortgage rates first shot up from those pandemic record lows and in April 2020 at the very start of the pandemic. Now, the builder site high mortgage rates, tariffs, and overall economic uncertainty of the index's three components. Cu ...