In our livestream today we talked about a few things. We did a comparative story about landlord tenant relations in the UK and contrasted them with a new measure going into effect in the bay area of the United States. We took a look at a story about an estranged son who is suing his mother and sister for being a bad landlord in New York City. They happen to own 10 buildings, 2 of which are in Manhattan if I’m not mistaken.
We then look at the concern raised that mortgages may be risky in this current economic environment. I think there’s always an element of risk and so in the video we discuss this. The problems we are seeing in housing and mortgages are not in a vacuum. Inflation is causing chaos in many people’s lives.
Finally, we discuss Kraft changing from Macaroni and Cheese to Mac N Cheese. That doesn’t seem earth shattering, but it did generate headlines. Also, did you know there was an “iconic” smile on the box? I didn’t, and I love Mac N’ Cheese, so how iconic can it be?
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First off: a welcome it’s great to be able to be with you today
“The single most important decision you make is where you live.
It drives your business opportunities, relationships, food and water supply, politics, activities, and day-to-day quality of life.” Naval
Buyer interest in a home and then it doesn’t work out…frustrating.
Telling a buyer a house is sold when it isn’t indicated as so in the MLS.
Google Trends has us learning about Kraft Mac N Cheese
30 year fixed mortgage rate came in at 6.07%
A. Landlord Tenant life in England…wild stuff
B. California landlord-tenant life seems to be no better
C. Mom is a terrible landlord?
D. Risky home mortgages? When you tend to be guessing about one thing and it goes the opposite way
Sources:
https://www.businessinsider.com/kraft-changing-the-box-for-macaroni-and-cheese-2022-6
https://nypost.com/2022/06/16/nyc-man-sues-mom-for-being-a-terrible-landlord/
https://www.realtor.com/news/trends/return-of-risky-lending-mortgages/
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