New data just revealed that eviction cases in the U.S. have jumped by almost 80% since October 2022. Official agencies report that about 13% of the U.S. population, which represents over 40 million people, is at risk of losing their homes this year amid explosive rent prices and a worrying trend among some of the country’s biggest landlords of increasing the rate of monthly evictions to boost their cash flow growth.
While companies and investors worry about their bottom lines, families are losing everything, and homelessness is growing all across the country. Housing advocates say this is the cliff we’ve been warned about and things will only go downhill from here.
Corporate landlords are removing renters from homes at rates that largely surpass the typical pre-pandemic rate, a new report from the Eviction Lab at Princeton University shows. Analyzing how eviction levels changed in 32 U.S. cities over the past six months, researchers found that landlords in these areas filed about 970,000 eviction cases every month, a whopping 79% increase compared to a year prior.
In Phoenix, for example, rent prices shoot up over 25% year over year, with a median asking rent of $2,261. In Maricopa County alone, evictions are at their highest levels since at least 2016, with more than 45,000 filings so far this year. “Lately, it just seems to be all that we’ve been doing,” said Huberman, the presiding justice of the peace for Maricopa County.
Even areas experiencing less dramatic increases in rent are witnessing a rise in evictions as Americans scramble to cope with inflation. In Minneapolis, where rent increases have trended below the national average, evictions in December were 37% above their historical averages after shooting up in June, when the state lifted its eviction moratorium.
In the last quarter, the Las Vegas Justice Court head over 45,000 eviction cases, a significant rise compared to earlier years when the average was closer to 30,000 cases. In Dallas County, home to the city of Dallas, landlords filed almost 60,000 evictions in the past four months. This is not just a problem isolated to major urban centers, but also rural and industrial communities, where housing costs have been surging at an alarming pace as well.
The latest analysis of weekly U.S. Census data indicates that in the absence of robust and swift intervention, an estimated 44.5 million people in America could be at risk of eviction in the next several months. That represents about 13% of the U.S. 331 million people population.
“My biggest fear is the cliff that we’ve been all anticipating is here. From here on out, it’s going to be a very, very difficult time,” highlighted Tim Thomas, research director at the Urban Displacement Project at the University of California, Berkeley. “I don’t want to be a doom and gloom person, but we’re probably about to see the worst of what’s about to happen.”
Although inflation has finally started to ease, overall economic uncertainty is still on the rise, and rents nationwide are still $800 more expensive than in 2019. Before the pandemic, the median rent in the U.S. was at $1,062. Today, it stands at $1,937. America can’t afford to wait for another major national emergency to happen to finally start taking action. People are losing the roof above their heads, and their sense of dignity and security now, so we must act now before this crisis spirals out of control.
Article cross-posted from Epic Economist.
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.
Because they don’t want to/have no interest in working. They want everything to be free. Parasites every last one of them.
But HEY, Look at the made up employment numbers!!
Gee, rent prices have spiked ya say? Evictions have spiked ya say? A wise man once said; “For every action, there is an equal and opposite reaction.”
When this feckless government declared from on high during the WuFlu scandemic that tenants did not have to pay rent nor could they be evicted what did any logical person think would happen? Landlords that actually survived that dictate had to make back their loss. Rent prices were sure to escalate greatly even if there was no overt inflation. Evictions have just begun to spike…..way too many newly minted squaters became accostomed to sitting home, collecting hyper-enhanced unemployment benefits. That gravy train has come to close. Couple that now with an already freshly allowed 6 million illegals with an additional 6 million more and rent prices will certainly continue to explode.
Biteme and his handlers at their best………
Oh, yeah. Things are great. Inflation is down. Prices are down. Unemployment is down. Sure, sure. I have to get my eyes examined because that’s not what I see in my community.
Don’t worry, the government will fill those soon to be vacant apartments with illegals, paid by us, the tax payers.
Bingo! And census info is how they will do it.
I think it’ll go something like this:
Census & county records show you are a family of 3 living in a large home.
Govt says you must take in two illegals, OR pay a TAX.
Wealthy people pay up, people barely making it take in illegals.
First place this will happen is California. Other states OR cities will follow.
The government’s power to tax has NEVER been overturned by SCOTUS. That is the only way Obamacare passed the sniff test for SCOTUS to OK it.
they need a new voting/handout class
will they shoot us now for having a low credit rating
Mass Violence against the parasitic elites and ruling powers, the banker class, is what is necessary.