Re:PPCC: Pisitófilos Creditófagos. Otoño 2025

[senslev]

INFLEXIÓN OCTUBRE 2025.—

La montaña nos ha dejado llegar.

Empieza el descenso. La cima es solo la mitad del recorrido.

Ha sido en octubre de 2025.

Histórico 2025.

Como bien se detalla en el ciclo de 18.6 años que se ha puesto por aquí unas cuantas veces. Esperemos que se cumpla, y empiece la caída.

https://wolfstreet.com/2025/12/17/lennar-further-cuts-average-sales-price-of-new-homes-to-lowest-since-2017-25-from-peak-thats-what-this-housing-market-needs/

[Mad Men]

la europa que conocimos de niños ya no existe, ha desaprecido.

viajes a Londres, Francia, Italia , en los 80 , incluso en los 90 , Nada que ver ahora.
Ahora con mis hijos viajamos a los mas rural y profundo de Francia para sentir algo de lo que vivimos en el pasado, huyendo de grandes ciudades.

Pasaba en mi infancia semanas en Lyon o en Niza. , en Lyon era multicultural por que habia muchos españoles, no he vuelto a ir despues de los 90 , a saber como será aquello ahora.
Si se como es Niza o como ha cambiado Nimes... y eso que tampoco he vuelto por Marsella.

Tuve una sensacion parecida cuando hace dos años volvi a la costa brava despues de muchisimos años.... seguia habiendo mucho "frances" pero ahora los franceses son "franceses" nada malo , pero otra cosa.

Europa le queda lo que le queda a nuestros padres, nuestros hijos o burka o gorra de beisbol.

Que gran Verdad.


Europa ya no es Europa, y lo que queda de ella es por la gente mayor.  La destrucción de la identidad unido a una inmigración brutal- en gran parte de Europa no sabes si estás en Europa- han destruido el continente . Trump tiene razón en muchas cosas aunque no lo queremos admitir.

Como dice Chosen, cree Macron que un magrebí de Marsella irá a luchar por Francia? Como detalle, en mi pueblo los magrebíes van en su mayoría con Marruecos en el fútbol.

Saludos

[Mad Men]

Por cierto, a mi me encanta Francia. Especialmente la Bretaña, que mantiene algo de auténtico. Zona muy bonita y recomendada.


Saludos

[sudden and sharp]

la europa que conocimos de niños ya no existe, ha desaprecido.

viajes a Londres, Francia, Italia , en los 80 , incluso en los 90 , Nada que ver ahora.
Ahora con mis hijos viajamos a los mas rural y profundo de Francia para sentir algo de lo que vivimos en el pasado, huyendo de grandes ciudades.

Pasaba en mi infancia semanas en Lyon o en Niza. , en Lyon era multicultural por que habia muchos españoles, no he vuelto a ir despues de los 90 , a saber como será aquello ahora.
Si se como es Niza o como ha cambiado Nimes... y eso que tampoco he vuelto por Marsella.

Tuve una sensacion parecida cuando hace dos años volvi a la costa brava despues de muchisimos años.... seguia habiendo mucho "frances" pero ahora los franceses son "franceses" nada malo , pero otra cosa.

Europa le queda lo que le queda a nuestros padres, nuestros hijos o burka o gorra de beisbol.

Que gran Verdad.


Europa ya no es Europa, y lo que queda de ella es por la gente mayor.  La destrucción de la identidad unido a una inmigración brutal- en gran parte de Europa no sabes si estás en Europa- han destruido el continente . Trump tiene razón en muchas cosas aunque no lo queremos admitir.

Como dice Chosen, cree Macron que un magrebí de Marsella irá a luchar por Francia? Como detalle, en mi pueblo los magrebíes van en su mayoría con Marruecos en el fútbol.

Saludos

Tú sólo te respondes: piensa por qué están en Francia, y no en Argelia, o Marruecos. Son franceses. Otra cosa es que a alguno que otro, eso no le guste.

O como la bestia parda de Trumpy. ¿Por qué vienen de Somalia, y no de Suecia, o Dinamarca? (Para empezar... por la basura de su presidencia... actual.)

[Derby]

https://www.baha.com/Lagarde-Digital-euro-should-be-anchor-of-stability/news/details/65377631

Lagarde: Digital euro should be anchor of stability

European Central Bank (ECB) President Christine Lagarde stated on Thursday that the main ambition of the central bank with regard to the digital euro is not to become a "role model" but to introduce a currency that would serve as an "anchor of stability" for the financial system in the digital age.

"For the moment, that anchor is central bank money, which essentially has material form. It's the banknotes that you have in your wallet. But in the digital age, it has to be a digital expression of that sovereignty and the digital anchor for the purpose of the financial system that we have," the ECB chief stated.

Lagarde noted that the central bank is also aiming to make the digital euro user-friendly, not costly, fast, efficient, and private, as well as that it can be used both online and offline.

[Negrule]

Yo no iría a luchar por ningún país, y menos hoy en día 

[Mad Men]

Yo no iría a luchar por ningún país, y menos hoy en día 

Yo tampoco, sin duda.


Pero es verdad que Europa ha cambiado.

Saludos

[Karunel]

¿Quién quiere morir en una trinchera asesinado por un dronecito ridículo? Así están las redes llenas de videos de reclutadores ucranianos secuestrando a la gente para ir al frente, y en el otro lado ofreciendo bonus de reclutamiento a los habitantes de las regiones más remotas del país. Lo llevan claro si piensan que un europeo joven con acceso a Internet que ha disfrutado de una vida normal se va a apuntar a semejante disparate.

[sudden and sharp]

De verdad que no sé a qué viene tanta "renuncia"....

No nos va a atacar nadie. No hay cojones.



Cuando digo "veremos" me refiero a donde van a quedar todas esas bravatas de matón venido a menos.

[Derby]

https://www.washingtonpost.com/business/2025/12/18/immigration-housing-costs-trump/

Trump officials keep blaming housing costs on one group: Immigrants

A wide swath of economists say the problem comes from not having enough homes. But the administration says its immigration policies will make housing more affordable.


An apartment building in San Francisco this month. (Justin Sullivan/Getty Images)

President Donald Trump promised Wednesday night that he’d bring down persistently high housing costs, which he said were caused by one group in particular: immigrants.

In a rapid-fire prime-time address to the nation, Trump said a “major factor” in driving up housing costs was the “colossal border invasion” during the Biden years. He said the previous administration and its allies in Congress “brought in millions and millions of migrants and gave them taxpayer-funded housing” while costs for others soared.

“For the first time in 50 years, we are now seeing reverse migration as migrants go back home, leaving more housing and more jobs for Americans,” he said, referring to the departure of foreign-born people through deportation or other means.

Trump’s administration is putting action behind his rhetoric, too, linking its policies designed to make homes more affordable to its restrictionist broader immigration agenda. The Department of Housing and Urban Development says immigrants drove all rental price growth in places such as California and New York.  Vice President JD Vance, who said during last year’s presidential campaign that immigrants were harming the housing market, recently said tens of millions of undocumented immigrants were “taking houses” that were supposed to go to American citizens. Bill Pulte, head of the Federal Housing Finance Agency, wrote on X that “no more illegal aliens = prioritizing affordable housing units for American citizens.”

And HUD suggested in a recent report that curbing housing demand — in other words, shrinking the population — might be more effective than pushes to build more homes.

But the administration’s sharp focus on immigrants contrasts with economists’ widely held view that the problem comes from housing shortages.

Many experts say decades of too-little construction, combined with the pandemic-era spike in prices, yanked rents and home prices well above what many Americans can afford. Lengthy permitting processes for new builds, steep building costs and a shrinking supply of affordable units have also contributed to a shortfall of 1.5 million to 4 million homes, according to economist estimates.

Immigrants need housing, just like others, and they may especially put some pressure on rental markets with higher migrant populations. But they also make up a large share of the construction workforce, which in turn is key to making more homes available.

Vincent Reina, a professor at the University of Pennsylvania who focuses on urban economics and housing policy, said that “we have a housing supply problem. And that’s our problem, full stop.”

“Our country and growth of our cities are based on inflows of people, knowledge, capital, jobs and labor,” Reina said. “Our housing market should work. And the fact that it isn’t working has nothing to do with immigration. To home in on that is a really concerning misdiagnosis of the actual problem.”

The administration’s crackdown is seeping into all kinds of policies. Housing officials are trying to block undocumented immigrants from any kind of government housing assistance, and regulators are taking steps to keep those immigrants from getting government-backed mortgages. HUD also has an agreement to facilitate data-sharing with the Department of Homeland Security, which makes it easier to identify undocumented immigrants who live in subsidized housing.

Earlier this year, the Elon Musk-led U.S. DOGE Service mined federal data as it explored removing immigrants and mixed-status households from their homes, drawing from personal records normally protected from dissemination. (Undocumented immigrants have been allowed to live in public housing for years, including with family members with legal status. But they aren’t eligible for other kinds of direct housing assistance on their own.)

White House spokesman Davis Ingle said the Biden administration’s “border invasion” instigated America’s housing issues. He said that “removing illegal aliens from our country will free up the housing supply for American citizens, which will make it easier and more affordable for them to partake in the American dream of owning a home.”

HUD spokeswoman Kasey Lovett said: “It is fundamentally incorrect to assert that every part of our housing stock — from single family homes to rental units — has not been impacted by the Biden border crisis. American citizens should not have to be competing with illegals for housing, but HUD data clearly shows that is the case.”

Vance’s office did not respond to questions about linking immigration and housing policy, nor did the Federal Housing Finance Agency.

In January, 53.3 million immigrants lived in the United States accounting for 15.8 percent of the country’s population, according to the Pew Research Center. That was the highest percentage on record. But after that, more immigrants left the country or were deported than arrived. By June, the country’s foreign-born population had shrunk by more than 1 million people, its first decline since the 1960s, Pew’s analysis showed.

Yet housing experts say targeting undocumented immigrants may do little to bring down housing costs or free up homes. Many are less likely to have the means for a large down payment or the credit history for a mortgage. Undocumented immigrants typically live in lower-income rentals, live with friends or share a home with family members.

Still, immigration is core to the administration’s rhetoric on affordability and the economy. In what they have called an “affordability tour,” Trump and his allies are traveling around talking about the high cost of living, mindful that housing costs remain a top voter concern.

Housing costs have cooled considerably since the pandemic but are still a major strain to household budgets. November marked the 28th straight month of year-over-year rent declines for the United States’ 50 largest metro areas, data from Realtor.com showed. In the for-sale market, home prices showed a 1.3 percent annual gain for September, down slightly from a 1.4 rise in the previous month, according to the closely watched S&P Cotality Case-Shiller U.S. National Home Price NSA Index.

Those statistics rarely capture the struggles of poorer Americans with few affordable options, though. A routine HUD report, called Worst Case Housing Needs, focuses on those problems using data from the American Housing Survey, which HUD funds and the U.S. Census Bureau conducts. Most recently, it said that in 2023, only 59 affordable units were available per 100 very low-income renter households. Just 38 were available per 100 extremely low-income renter households.

But the report can also act as a kind of mirror for other administration priorities. The most recent version said immigrants were responsible for two-thirds of rental demand growth nationwide and that “housing policy leaders must be part of the immigration policymaking process.”

The administration also wants to encourage Americans to get married, have more babies and have more parents at home. HUD’s report said falling marriage rates are another reason demand is up, causing more people to live separately instead of coupling up. It suggested policymakers look for ways to increase marriage rates as a way of improving housing affordability.

But outside researchers say HUD’s figures — including that in certain markets, immigration accounted for nearly all of the increase in housing demand between 2021 and 2023 — are outsize and ignore myriad reasons people move around for jobs and other opportunities. Undocumented immigrants also aren’t the only ones moving around and looking for new homes. And they make up a large share of the construction workforce, which makes new home construction possible.

Asked for more information on the report’s methodology, HUD cited its analysis of the American Housing Survey.