Category Archives: Real estate

Wolf Richter: Dear Fed, It’s Not “Really Hard to Spot Bubbles”

Here are some visual aids to help the Fed spot the housing bubble.

Canadian Bank Run Contagion Begins?

A Canadian subprime mortgage lender is on the ropes. Is the end of the real estate bubble nigh? If so, how much damage will banks take?

5 Times Charter School Founders Used Shady Real Estate Deals to Shamelessly Enrich Themselves

A trio of academics compare charter school tactics to Wall Street’s raiders.

Wolf Richter: Private Equity in the Thick of Bricks and Mortar Retail Implosion

The distress at traditional retailers has been made much worse by private equity asset stripping rendering them fragile.

Too Little, Too Late Lawsuit Against Predatory Servicer Ocwen Demonstrates Failure to Address Servicing Abuses

Recidivist mortgage servicer Ocwen gets whacked by the officialdom yet again, showing how inadequate mortgage “reforms” under Obama were.

Wolf Richter: Wild Housing Speculation Drives Entire Canadian Economy

Canadian housing continues on its relentless rise because too many people can’t afford to have it stop.

Ilargi: Our Economies Run On Housing Bubbles

A look at the long-term role of home price bubbles in multiple countries.

MIchael Hudson: The Democracy Collaborative

Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.

Commercial & Residential Real Estate Bubble Again a Risk to Financial Stability; Fed’s Rosengren Worried

Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?

Will New Required Reporting of $3 Trillion of Debt Crimp Big Cos, Private Equity?

A geeky accounting change in liability reporting may have real world consequences.

Wolf Richter: How Much Money Laundering is Going On in the Housing Market? A Lot

Treasury is starting to get serious about money laundering in high end residential real estate.

Trump’s and Hensarling’s Fact-Free Attack on Dodd Frank

Debunking Republican canards about Dodd Frank.

Bill Black: New York Times’ Andrew Ross Sorkin Tries to Make Hank Paulson a Hero

As part of reviewing Obama’s legacy, Bill Black eviscerates how Sorkin’s book tried to exhonorate Hank Paulson for his crisis performance.

Chinese Mortgages Tighten Fast

Chinese mortgages, which have been the driver of credit growth, are now hard to get. Is this just a short-term tightening?

How Obama Framed Trump with Faux Mortgage Insurance Rate Decrease

There are many things for progressives to criticize Trump about. The Obama mortgage deduction sleight of hand isn’t one of them.