Category Archives: Real estate

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?

As Courts Re-Open, Britain’s Renters Must Confront the Power of Landlords

Renters and landlords need to come to terms in the Covid-19 new normal. But it’s not shaping up to be pretty.

Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess

A spike in mortgage delinquencies says more bad results are coming, particularly with no new stimulus in sight.

Washington Going Full Andrew Mellon as Stimulus Talks Drag, Inadequate Support Guaranteed

An inadequate second stimulus is guaranteed. The only question is “how inadequate”?

Rents Swoon in San Francisco, Other Expensive Cities, TX-OK Oil Patch Y/Y. But 23 Cities with Double-Digit Rent Increases

Large-scale shifts triggered by work-from-home, staggering unemployment crisis, and oil-and-gas bust. Rents respond in real time.

Homeowners Beware: Mortgage Servicers Still Can’t or Won’t Shoot Straight

Mortgage servicers are still engaged the abuses they perpetrated in the foreclosure crisis.

Google Postpones Employee Return till Mid 2021 as Office Buildings Remain Empty, Residential Delinquencies Soar

White collar workers staying away from the office does not bode well for confidence about getting Covid under control.