Doctor Hazmat

Stay hazardous!

[Benzinga @Benzinga]

Morgan Stanley is warning that Americans may not see cheap housing again anytime soon.

Market commentator Bull Theory highlighted the firm’s latest housing outlook, saying Morgan Stanley modeled mortgage rate scenarios of 4%, 5% and 6%. In all three, affordability failed to return to pre-2022 levels.

In Morgan Stanley’s base case, mortgage rates ease toward 5%, but mortgage payments would still account for about 21% of household income. That is well above the historical average of roughly 15%.

The problem is not just mortgage rates.

Morgan Stanley strategist Sarah Wolfe said about 70% of existing homeowners have mortgage rates below 5%, giving them little incentive to sell. That keeps resale inventory tight and makes the housing market harder for buyers to enter.

Other pressures are also keeping prices elevated, including higher long-term rates, limited housing supply, slow permitting, restrictive land-use rules and rising insurance costs tied to climate risk.

The market has already slowed sharply. Morgan Stanley said the lack of housing turnover has pushed activity to its slowest pace in roughly 40 years.

First-time buyers are feeling the squeeze the most. Financing a median-priced home now costs about $2,000 per month, nearly double the monthly payment from five years ago.

The broader message: even if mortgage rates fall, the old version of affordable housing may not come back quickly.

$MS $BAC

[Centro LEAKS @CentroLeaks]

Want some inspiration for Pokémon Pokopia? You can now visit the developers’ Cloud Island! To visit buy the Mysterious Goggles in the shop and use the code PXQC-G03S.

[Doctor Hazmat @DoctorHazmat]

@AustinJohnPlays 23 hours? You seem like a 1am reset kinda guy 🤔

[Doctor Hazmat @DoctorHazmat]

@AustinJohnPlays I wish @BulbaGanda was still active to try and turn this around

[Doctor Hazmat @DoctorHazmat]

I just preminted 4 SAPIENZ — meet me in the @stapleverse @jeffstaple #Coo #FlockWithUs #Sapienz
https://t.co/ZNS2k4I77k

[Doctor Hazmat @DoctorHazmat]

@NFTherder In some case promises made were based on revenue from royalties. With that completely cut out they naturally may not be able to keep former promises due to substantial drop in revenue.
🦠
Those cases should not be to blame IMO

[Doctor Hazmat @DoctorHazmat]

@betty_nft @psych_nft @garyvee @Ghxsts @bobbyhundreds I know it’s easier said than done but I would 100000% use a market place by artists for artists

[FVCKRENDER @fvckrender]

So, should we just build our own marketplace rewarding people paying secondaries?

[Doctor Hazmat @DoctorHazmat]

@betty_nft @opensea I think what OpenSea is trying to say is they need another yacht and it’s just not realistic if they have to keep paying you artist for your hard work

[BETTY @betty_nft]

@opensea How to do catalyze the widespread use of it through positioning it as fees? There was a fight every step of the way - even to reframe to ‘earnings’ instead of royalties. Where is the long term strategy?

[Doctor Hazmat @DoctorHazmat]

@lilmahnaji @midjourney Real life Spider Gwen? 🤔

[Doctor Hazmat @DoctorHazmat]

I just signed the @STAPLEVERSE pledge ✍️ https://t.co/zPWO8cJe9G #STAPLEVERSE #Coo #FlockWithUs #HoodSquad #FeedGang

[Doctor Hazmat @DoctorHazmat]

@Brianaverse And I can pass for a white guy that got lip fillers. This is basically my doppelgänger

[Doctor Hazmat @DoctorHazmat]

@farokh @sobylife It’s spelled Kanto 🤪

[Doctor Hazmat @DoctorHazmat]

@NFTherder I’ll do you one better. HOW are you active rn?

[Doctor Hazmat @DoctorHazmat]

@Suspeckted You hit the jackpot. The hoody and green are smooth AF!

[Doctor Hazmat @DoctorHazmat]

I was looking forward to taking AR pics with my beast but didn’t get to mint (I had the initial Beast List)
🦠
Will there be different beasts that I can take AR pics of on the website after they all reveal?
🧪
@Rafsby @CryptoKrad @jigomarket @NFT_youssef10 @nwhite89 @MeowMrkat

[Doctor Hazmat @DoctorHazmat]

@memexbby Those are going to be fire

[BETTY @betty_nft]

Scams are increasing in frequency. If you’re scammed, don’t feel guilty or embarrassed. You’re a human being & you made a mistake any one of us could make. If comments are turned off, if a post is sponsored, if there is incorrect grammar, or if the mint is unexpected- red flags.