Day: August 16, 2024

Sweden’s new migration policy

The Government of Sweden. Sweden’s migration policy is undergoing a paradigm shift. The Government is intensifying its efforts to reduce, in full compliance with Sweden’s international commitments, the number of migrants coming irregularly to Sweden. Labour immigration fraud and abuses must be stopped and the ‘shadow society’ combated. Sweden will continue to have dignified reception standards, and those who have no grounds for protection or other legal right to stay in Sweden must be expelled. submitted by /u/Ankle_be [link] [comments]

It now takes an annual income of at least $200,000 to buy a typical home in 17 major U.S. metro areas.

https://preview.redd.it/ar3cjxnaj0jd1.png?width=638&format=png&auto=webp&s=39ae782fb92e20405462bfdb58ee07b8a1dd35b8 The most expensive area is San Jose, California, where a household needs to earn $587,000 a year to afford the average home. For the first time in history, the median home sale price in the San Jose metro area has reached $2 million. Meanwhile, the median sale price of existing homes in the U.S. increased in 199 out of 223 metro areas in the second quarter of 2024. submitted by /u/XGramatik [link] [comments]

TRUMP: “On Day One, we’re going to drill, baby, drill — and CLOSE THE BORDER.” – BUT it needs to be reminded: US crude oil production has officially hit a record 13.4 million barrels per day.

https://reddit.com/link/1etjd5w/video/9c5aeripizid1/player FYI: US crude oil production has officially hit a record 13.4 million barrels per day. Daily oil production has increased by 22% over the last 4 years. Since 2008, production has skyrocketed 350% from ~3.8 million barrels per day. The US is now the world’s largest oil producer exceeding Russia’s output by ~35% and Saudi Arabia by ~38%. The US is dominating global oil production. submitted by /u/XGramatik [link] [comments]

According to Reventure, mortgage demand in the U.S. officially declined again in August, approaching its lowest level since 1995.

https://preview.redd.it/i0i1l07j9zid1.png?width=1095&format=png&auto=webp&s=fb20d8dd68570c3de05e6ea474809fa656adb1ee The number of mortgage applications for home purchases in the U.S. fell by 8% year-over-year in August. Moreover, mortgage demand is currently down by approximately 50% compared to pre-pandemic levels. And this is despite the fact that since May, 30-year fixed mortgage rates have decreased by nearly 100 basis points. As of today, the housing market is entirely dependent on supply. submitted by /u/XGramatik [link] [comments]