According to The Kobeissi Letter, the annual income required to afford an average home in the US has reached an all-time high of $124,200, significantly outpacing the median US household income of $79,200. This creates a substantial affordability gap of $45,000, highlighting the growing challenge for potential homeowners.

According to The Kobeissi Letter, new home prices in China have decreased by -5.2% year-over-year in February, marking the 20th consecutive monthly decline. This surpasses the 13-month decline streak seen during the 2015 housing market slowdown. Additionally, existing home prices have fallen by -7.5%, indicating a significant downturn in the real estate market.

According to The Kobeissi Letter, new home prices in China have decreased by -5.2% year-over-year in February, marking the 20th consecutive monthly decline. This surpasses the 13-month streak during the 2015 housing market slowdown. Additionally, existing home prices have fallen by -7.5%, indicating a significant downturn in the real estate market.

According to @KobeissiLetter, Washington DC home prices have decreased by $146,500 since discussions of layoffs at DOGE began. This marks a 21% decline since November 2024, reaching the lowest levels since January 2020. The correlation between the crypto job market and real estate prices highlights potential risks for investors, suggesting caution due to economic interconnectedness.

According to The Kobeissi Letter, Dogecoin's influence is reportedly affecting Washington, DC's economy, with declining home prices and rising unemployment. These economic indicators could significantly influence investment decisions and risk assessments in the region. The Kobeissi Letter also notes that housing market data is updated monthly, and jobless claims data is released every Thursday, which are critical for traders monitoring economic health and making informed trading decisions.

According to @KobeissiLetter, the announcement of mass layoffs by DOGE has coincided with a significant drop in the median home price in Washington DC, which decreased by $139,000. Additionally, there has been a surge in property listings, with nearly 4,000 homes listed for sale in the area within 30 days. This reflects a potential correlation between the company's employment decisions and local real estate market dynamics.

According to The Kobeissi Letter, the median home price in the Washington, DC area has decreased from approximately $699,000 in November 2024 to $560,000 today, reflecting a 20% drop in about three months. This drastic fall indicates a potential oversupply or reduced demand in the housing market, which could affect trading decisions in related real estate investment trusts (REITs) or housing-linked financial instruments.

According to The Kobeissi Letter, China's housing market is experiencing significant declines, with newly built home prices dropping by 5.7% in December, nearing the largest drop in a decade. Existing home prices fell by 8.1%, marking one of the largest declines in at least 14 years. This prolonged downturn in home sales, which has persisted for over two years, could affect related sectors and should be closely monitored by traders for potential impacts on global markets.

According to The Kobeissi Letter, China's housing market is experiencing a significant downturn, with prices of newly built homes falling by 5.7% in December, marking one of the steepest declines in a decade. Additionally, existing home prices have dropped by 8.1%, the largest decrease in at least 14 years. This persistent decline in home sales, spanning over two years, suggests ongoing instability in the market, which could influence investment strategies and trading decisions related to Chinese real estate and associated financial instruments.