Amar Bhide: The Case for Traditional Banking
Amar Bhide gives a clearly-written, compelling argument against a supposed banking “innovation,” securitization.
Read more...Category Archives: Real estate
Thomas Cox: A Sweet Christmas Gift for a Client in Maine
Nationally famed foreclosure defense attorney Tom Cox scores a Maine Supreme Court win that saved a client’s home right before Christmas.
Read more...Why Stopping Tax “Reform” Won’t Stop Inequality
Inequality isn’t driven by taxes—it’s driven by the power of capital in relation to workers.
Read more...Gaius Publius: The Building Is Burning and All the World’s Babies Are In It — Using Force to Fight Climate Change
It’s going to take force to fight climate change and there’s little time to waste. Asking and negotiating won’t do the job.
Read more...Matt Bruenig: Land as Soil and Land as Space
Looking at arguments used to justify original claims on land (meaning private ownership versus common ownership or use).
Read more...How to Fight the Global Wall Street Landlords
Local activists are having some success in fighting Big Finance landlords who have become big, ruthless players in rental housing.
Read more...Nomi Prins: Steven Mnuchin, Foreclosure King of America
A summary of the many reasons to view Treasury Secretary Steve Mnuchin with contempt.
Read more...Skyscrapers and Land Values: Evidence from Chicago on the Costs of Building Tall Cities
Why “building tall” is not an answer to urban housing affordability.
Read more...Gentrification
Gentrification is less of an accident than you might have been led to believe.
Read more...Trump Treasury Dept Renews Modest Real Estate Anti-Money Laundering Regs
Trump’s Treasury Dept renews and modestly extends real estate money laundering reg– which fails to address the scope of dirty money issues.
Read more...Why CalPERS’ Scheme for an “Independent” Private Equity Entity Is the Wrong Solution to the Problem of Weak Skills
Further discussion of why CalPERS’ latest Big Idea for private equity needs a Big Rethink.
Read more...One-Month Anniversary of the Grenfell Tower Fire: Status Update
The current state of play at Grenfell Tower, with a question yet to be answered.
Read more...BIS Warns on Household Debt
Credit booms tend to go hand in hand with a misallocation of resources – most notably towards the construction sector – and a slowdown in productivity growth, with long-lasting adverse effects on the real economy.
Read more...New York City Mortgage Delinquencies “Elevated”: What’s the Likely Real Cause?
Why high levels of mortgage delinquencies in the New York City area are a symptom of still-unresolved mortgage abuses.
Read more...Photographs from Grenfell Tower
By Lambert Strether of Corrente. I said I had some things to do before I left London; one of them was to go see if I could take some photographs of Grenfell Tower. We don’t normally do photo essays at Naked Capitalism, but since I was on the spot, I thought it made sense. The […]
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