Category Archives: Real estate

Covid Profits of Pharmaceutical Monopolies vs Peoples’ Lives

The WTO is set to consider a proposal supported by 99 countries to waive intellectual property protection for Covid treatments.

Tapped-Out Tenants Take Charge as Landlords Pursue End Runs Around Eviction Moratorium

Tenants face harassment and lockouts to pressure them to leave their homes — but renters are fighting back.

Replacing Rentier Capitalism Is One of the Defining Challenges of Our Age

Housing itself is just the most egregious tip of a very large iceberg. Everywhere you look, COVID-19 is widening the gulf between those who own assets and those who owe debts.

The Other Eviction Moratorium: Storefront and Office Tenants are Hanging on. But for How Long?

New York City’s struggle between commercial landlords and their tenants over rents owed versus lousy recovery prospects reveals a lot about perverse incentives.

Michael Olenick: The Real Origins of Trump – The Foreclosure Crisis

The foreclosure crisis was a key element of Trump’s win in 2016, yet the Democrats are still in denial about its costs.

Residential Evictions Bearing Down on Many Tenants

Winter is coming, and unless something major changes, with it, evictions.

Housing Market Goes Nuts, Everyone Sees it, But it Can’t Last

A contrarian take on housing.

Why Has Mayoral Candidate Scott Stringer Invested New York City Pensions in Private Equity Firms Like Blackstone?

The New York City pension system provides more proof that investing in private equity hurts performance.

Macro N Cheese – Debt Deflation and the Neofeudal Empire with Michael Hudson

Another tour de force by Michael Hudson, this one stressing the role of unproductive real estate in modern debt bondage and Trump’s MMT.

San Francisco Rents in Free-Fall. New York Rents Swoon. Expensive Cities, College Towns, Cities in Texas, Other States Sag. But in 16 Cities, Rents Jump Double-Digits

Tracking the damage in big city residential rents.

What Rent Drop? Listed Prices Aren’t Budging Where COVID-19 Hit Hardest

New York City disproves popular beliefs about flight from cities and rent declines.

New York City Faces Another “Drop Dead”: How Many Other Cities Will Wind Up in Distress?

We are at best only at the end of the beginning of big cities’ Covid-19 pain. What comes next?