How a new paper on HAMP manages, by not understanding the program. to whitewash it as well as promote financialization.
Read more...Michael Hudson on his themes of how banks are mainly funding real estate rather than the economy and the problem of failing to write down debt that can’t be repaid.
Read more...A key piece of stripper-turned-MAGA bomber Cesar Sayoc’s slide into financial ruin.
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Read more...Clearing up a widespread misperception about tax.
Read more...Urban apartment development all over the US has been heavily skewed towards luxury units, even though there isn’t enough demand for all the supply.
Read more...Why you should take conventional wisdom about the Lehman collapse and the crisis with a fistful of salt.
Read more...PE firms are paying prices at the peak of the market, amid ceaseless complaints that there isn’t enough inventory of homes for sale,
Read more...How asset prices have driven the evolution of US wealth inequality over the last 70 years.
Read more...Yet another proof that the authorities were given evidence of widespread mortgage fraud before the crisis and chose to do nothing about it.
Read more...Bill Black debunks a book that tries to relitigate the crisis by denying that Lehman was insolvent.
Read more...Try guessing why San Francisco has encampments of homeless people….
Read more...How Chinese money is distorting home prices in major cities around the world, and how local authorities are starting to intervene.
Read more...An investigative report suggests that Berkshire Hathaway’s mortgage lending operation discriminates against minority borrowers.
Read more...Why buying a house looks to be a better deal than renting, even at today’s nosebleed prices.
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