A perfect storm for evictions is forming all around us. A new report reveals that rents are rising four times faster than incomes in the United States. In recent years, the rate of rent price growth has tripled, making housing increasingly unaffordable for millions of Americans. For some households, it now takes more than three full-time workers to afford the typical two-bedroom rental.
Researchers found that in many areas, rent prices shot up over 200%, and are likely to continue to rise in 2023. This means that many struggling U.S. families are about to lose their homes as they fall behind payments, and evictions start to pile up all across the country. That’s what we’re going to break to you in today’s video.
Over the past three years, home prices jumped by almost 47%, and today, they remain about 38% more expensive than they were in 2019. Higher mortgages are also pricing many would-be homeowners out of the market. As a result, demand for rents is soaring, and a shortage of affordable rental units is creating a perfect storm for evictions, experts say.
Right now, rental vacancy rates are at the lowest level since 1984, which is giving landlords, especially corporate landlords, much more power to mark up prices for a limited number of available units. On the other hand, we all know by now that wages aren’t keeping pace with rising rents in the U.S.
In point of fact, wages aren’t keeping pace with anything these days, and 58% of renters are currently living paycheck to paycheck. About the same rate, or 57% to be precise, are now paying more than 30% of their income on rent.
In cities with minimum wages above $7.25, it takes an average of 2.5 full-time minimum wage workers to make the typical two-bedroom rental affordable, meaning renters would spend no more than a third of their income on rent. In cities with a $7.25 minimum wage, it takes an average of 3.5 full-time workers to meet this threshold. “Income disparity does really play a big role and impact the affordability outlook for a lot of renters,” Chen added.
From 1985 to 2022, the national median rent price rose 151%, while overall income grew just 35%. That’s to say, the average rent rose over 4 times faster than wages. Overall, the cost of living in the U.S. increased by 89% since the mid-1980s, according to the firm’s calculations. In other words, Americans have experienced a steep decline in their purchasing power across the last four decades, and they have been forced to move to cheaper, subpar units or spend significantly more of their earnings on rent.
We’re going to see cases of evictions reaching crisis levels in the months ahead, especially as big companies start to layoff their workers en masse. Many renters are hanging by a thread at this point, and as the economic downturn that is now unfolding all around us accelerates, millions of U.S. households will be pushed over the edge.
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.
But lets import poor no skill/low skill, poorly educated/uneducated halfwits. Like we don’t have enough of are own poor people to begin with.
Car Repo’s are already at record highs. Evictions and then Foreclosures. It’s coming, along with bank closures and depression.
My son’s rent went up from 17K a year to 19.5K a year in ONE year starting in August 2023! This does not include utilities…..it’s in a nicer area but is only a small 1 bedroom with underground parking.
In the cheaper small 1 bedroom apartment he used to have there were people shooting up heroin (or shooting up some drug) outside his bedroom window and there was a murder right in front of his 4 unit. He works hard and was so happy to move into a nicer place and area………now rent’s gone up so much more than his income can afford.
Young people have hardly a chance of getting ahead under the Marxist communist democrats……..and biden says he’s running to ‘complete the job’. I think he means complete destruction of freedoms and opportunities in the USA.
In Jefferson County Colorado property taxes just went up an average of 46%, that’s about $1500 a year on an average house, guess what? Rents
Luckily, I bought my house 40 years ago before all this madness began. I paid more for my car than I did my house.