Amazing data here on housing. With the rise in mortgage rates from 3% up to 6% a stunning 18 million households can no longer qualify for a $400,000 mortgage.
That’s a 36% reduction in demand. Housing is in deep trouble.
The only solution to this is lower prices.
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Get a cup of coffee.
In this thread, I'll help you understand the connections between "earnings growth" and "return on capital".
This will help you analyze businesses better, and thus become a better investor.
@StanphylCap AOC came in second place in Intel's International Science and Engineering Fair for a research project on the effect of antioxidants on the lifespan of the nematode Caenorhabditis eleans. MIT named an asteroid after her. The bartender dig is dumb.