David Arbit

Economics, politics, real estate, public speaking, investing, business development, cities, demography, finance, cycling, cooking, downhill skiing & cartography

[Affordability Crisis @trackingcosts]

My neighbor bought his house in 2019 for $310,000

His mortgage is $1,450 a month at 2.9%

The identical house next door just sold for $495,000

The buyer's payment is $3,800 a month at 6.8%

Same street. Same square footage. Same schools.

One family is building wealth. The other is just trying to survive.

This is why nobody is selling.

[Affordability Crisis @trackingcosts]

The problem isn't the higher rates, the problem is 24 years of lower rates that allowed us to accumulate a mountain of debt.

[TheStocksKing @TheStocksKing]

@KobeissiLetter The paper in the west falls the physical silver in the east rises.

[David Arbit @RealDataGuy]

I really don't come on here much anymore. Maybe I'll change that.

[David Arbit @RealDataGuy]

Has anyone noticed that “autopay” and “autopsy” are one letter apart and those letters are right next to each other on a keyboard? Because I did.

[David Arbit @RealDataGuy]

@mbeih @zerohedge Cheers to you good sir

[Housing First MN Advocacy @HFMNAdvocacy]

"The lack of supply is especially noticeable at the entry-level prices, where multiple offers and homes selling for over list price are commonplace." @RealDataGuy

[Dean Phillips @deanbphillips]

Heartfelt thanks to our amazing Bloomington Heritage Days Parade marchers and the ~1,000 people who enjoyed our Everyone’s Invited! picnic in Excelsior. Our campaign staff, volunteers, interns and friends are extraordinary! We are family, and we’re bringing change on Nov 6. #MN03

[Pew Research Center @pewresearch]

Partisan differences in views of the FBI have increased markedly over the past year https://t.co/futnnyceXw

[Carroll Doherty @CarrollDoherty]

Last year, we found that Trump's job ratings were highest among those who saw no societal advantages for whites because of their race.
https://t.co/Ic0P611Ffd

[Pew Research Center @pewresearch]

Urban residents in the U.S. are more likely to see racial and ethnic diversity as important in a community. https://t.co/IRI6ua263O

[Pew Research Center @pewresearch]

Share of Americans who say the U.S. political system is___ when compared with other developed nations:
The best in the world 15%
Above average 26%
Average 28%
Below average 29%
https://t.co/PY3sXeBSew

[Carroll Doherty @CarrollDoherty]

The income gap between voters and non-voters in 2016 was striking: 56% of non-voters had family incomes of less than $30K. Just 28% of voters had incomes that low.
https://t.co/9s8bs9lF6N

[Pew Research Center @pewresearch]

Americans in urban and rural communities have widely different views when it comes to social and political issues. https://t.co/54uq01afWI

[Joe Walsh @WalshFreedom]

So, just an observation, four weeks later:

If Barack Obama had met with Kim Jong Un, given him undeserved legitimacy on the world stage, and agreed to stop our military exercises with South Korea, all in return for absolutely nothing, Conservatives rightly would be screaming.

[Stocktwits @Stocktwits]

You trying to trade vs. the HFTs

[NorthstarMLS @NorthstarMLS]

.@StarTribune featured a story on the Broker Public Portal - the real estate industry’s alternative to third party listing portals. NorthstarMLS President & CEO John Mosey, serves on the BPP Board along w/many other industry leaders. Article available⬇️

https://t.co/eQy4w6vJp9

[Scott Choppin | RE Development: Workforce Housing @ScottChoppin]

"A decade after the housing bust....more U.S. households are headed by renters than at any point since at least 1965, according to a Pew Research Center analysis" https://t.co/VlSm6w9w8t #multifamily #realestate #crowdfunding #familyoffice #urbanpacific