US Commercial Real Estate Prices Plunged in April, Mall Prices Collapsed
Looking at the bloodbath in commercial real estate…..and worse is almost certainly in store.
Read more...Category Archives: Real estate
Modigliani Meets Minsky: Rising Inequality and U.S. Household Debt Since 1950
Yves here. This short piece looks at some of the intuitions about the relationship between rising household debt levels and increasing inequality. And they sure do look to be connected! By Alina Bartscher, University of Bonn, Moritz Kuhn, Professor, Department of Economics, University of Bonn and Moritz Schularick, Professor of Economics, University of Bonn. Originally […]
Read more...Retail Bankruptcies, Bailouts Put Spotlight on Private Equity
Private equity turned a lot of retailers into tenants….and now landlords are a big impediment to the survival of many businesses.
Read more...Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse
Once fat and happy Airbnb landlords are now in a world of hurt.
Read more...The Use and Abuse of MMT
Using government spending power to bail out financiers and rentiers makes a travesty of MMT.
Read more...AirBnB Has Been Rocked by COVID-19. Do We Really Want To See It Recover?
AirBnB is a flagrant rule-breaking disruptor. Is it worth it to try to bring it to heel now, or is it beyond redemption?
Read more...Revillaging: Looking to Our Roots as We Redesign Towns and Cities
Revillaging as a way to improve communities by improving daily life.
Read more...Housing Insecurity, Homelessness, and Populism: Evidence from the UK
Cutting subsidies for private rental housing did not do much to reduce overall spending or lower rents but caused a lot of pain.
Read more...This Philadelphia Refinery Is the Country’s Worst Benzene Polluter. Trump Wants To Keep It Open
Trump-aided behind-the-scenes shenanigans may keep a horrifically toxic refinery in business.
Read more...So, You Want To Live Tiny? Here’s What To Consider When Choosing a House, Van or Caravan
Discussing tiny house considerations.
Read more...Wolf Richter: How Ratings Agencies Inflate Credit Ratings to Get Deals & Fees
Haven’t we already seen this movie? Race to the bottom in gaming credit ratings agencies for commercial real estate Collateralized Loan Obligation deals.
Read more...Australia Burning; Tourists in New South Wales and Victoria Flee to Beaches
A grim take from smoky Australia.
Read more...The Rich Under Stress as Asset Prices Wobble
Some of the rich are feeling the pinch. Is this a passing phenomenon or a sign of things to come?
Read more...Phase One of Grenfell Tower Inquiry Released, Towers Not Up to Code, Suggestions for Firefighters
Hot takes on the Phase One Grenfell Towers report, which makes good suggestions for the firefighters and determines that the Towers were not up to code, and what should happen in Phase Two.
Read more...For Boomers Reframing Aging, Age-Proofing A Home Won’t Come Cheap
Americans want to stay at home as they age, but it doesn’t come cheap.
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