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- Trump Cashing In Donations at Breakneck Speed, a $9 Trillion Real Estate Wealth and Twitter Revenue Drops 50%
Trump Cashing In Donations at Breakneck Speed, a $9 Trillion Real Estate Wealth and Twitter Revenue Drops 50%
Anna's Daybreak News
Good morning news enthusiast! Hold on to your hats because we're about to unleash a whirlwind of information that will leave you buzzing with excitement.
Cash in on Home Equity: US Homeowners Tap $9 Trillion in Real Estate Wealth
- Homeowners are tapping into their home equity for cash, as mortgage rates have made cash-out refinancing less attractive.
- A couple in Austin is using the money to fix up a rental house, cover Montessori school tuition for their 3 kids, and save for a rainy day.
- 2023 marks a boom in Home Equity Lines of Credit (HELOC), as homeowners take out loans against their home's rising value.
- This is the perfect time to unlock real estate wealth and become a true blue homeowner-turned-venture capitalist! Source: Read More
Is Remote Working Devastating Office Values?
- McKinsey Report Weighs Impact of Post-Pandemic Employment Trends on Commercial Real Estate
- Office attendance is still 30% below pre-pandemic levels
- Occupancy and rents have been on a downward trend since the pandemic began
- McKinsey report suggests potential losses of $800 billion in office values over the next 10 years
- Remote working: an Antonym for Investment Opportunities? Source: Read More
Money Battle: Who's Winning the 2024 Presidential Primary?
- Donald Trump has the most money and support among Republicans vying for the White House, while former President Joe Biden raised about a million dollars a day in the second quarter.
- Saturday's campaign finance disclosures cover contributions and expenditures from April through the end of June, including donor names.
- Donald Trump's joint fundraising committee says it took in over $35 million from April through June
- The money race is in full swing as both parties bulk up their campaigns and prepare for a long, competitive primary leading up to the presidential election.
- It's starting to look like the big bucks will decide this election — May the richest candidate win! Source: Read More
Elon Musk Drops the Hammer: Twitter Ads Plunge as Battle with Threads Heats Up
- Elon Musk reveals that advertising revenue for Twitter has dropped around 50%
- Twitter still has a "negative cash flow" while the competition between Twitter and Mark Zuckerberg's Threads continues to heat up
- Threads is not hosting any advertisements and paying out content creators with some users suggesting they have received more than $100,000
- Twitter's lawyers are even threatening to sue Thread over alleged misuse - Elon seems intent on taking no prisoners. Who shall win this battle of the nerds? Source : Read More
Baked with love,
Anna Eisenberg ❤️