Wolf Richter: The “Housing Crisis” in San Francisco Strangles Demand
San Francisco housing bubble buckles under its own lopsidedness.
Read more...Category Archives: Real estate
Milwaukee Riots Round-up of “Systemic Causes”
Milwaukee riots and disinvestment, segregated housing, and law enforcement for profit
Read more...John Helmer: The Collapse of Russian Real Estate Investment – Will Children and Chinese Tourists Save the Mall?
Why the plunge in Russian commercial real estate prices reveals the large role of money laundering.
Read more...Dumb Money Watch: ZIRP-Starved Insurers Beefing Up in Lending as Banks Exit the Pool
Insurers are going long risk at one of the worst possible junctures.
Read more...Wolf Richter: US Homeownership at Lowest Level in Over 50 Years
Despite large subsidies to housing and mortgage finance. homeownership has plunged to 1960s levels.
Read more...Regulator Warns Commercial Real Estate Bubble Is Biggest US Bank Risk
By the time regulators start warning of risk, as the OCC is now in commercial real estate, it’s often too late.
Read more...Chaos Theory, Shocks, and Fragility, Australia and Elsewhere
Australia and other countries had the opportunity to reduce financial fragility. They may soon discover the cost of doing too little.
Read more...5 Eco-Friendly Social Housing Projects
Demonstrating that public housing can be attractive and environmentally responsible.
Read more...Mortgage Document Fabrication is Alive and Well…
Sadly, mortgage servicers are still very much in the document fabrication and forgery business.
Read more...Vancouver Mayor Mulls Empty Homes Tax
Vancouver ponders a long-overdue measure to target residential real estate warehousing.
Read more...More Backlash from London’s Empty Towers
London exemplifies a global trend: property warehoused by the global wealthy, to the detriment of the people who live there.
Read more...Unsealed Documents Reveal Former White House Officials Violated Fannie/Freddie Conservatorship Rules, Apparently to Advance Bank-Enriching “Reforms”
The Administration has refused to turn over over 12,000 documents in a lawsuit against how the government operated Fannie and Freddie in their conservatorship. The major bone of contention is that Treasury stripped them of all profits, which damaged the remaining private shareholders. But the unsealing of a small batch of government records shows why […]
Read more...Welcome to the Great Australian Scab Grab
Australia is in the grip of the greatest economic scab grab of my lifetime
Read more...Hall of Shame: HUD Finally Forces Private Equity Buyers of Distressed Mortgages to Give Real Modifications After Years of Complaints Now That HUD Chief is on Clinton VP List
HUD finally acts on a festering problem, apparently to improve the odds of HUD chief Julian Castro getting a plum Clinton Administration post.
Read more...After Distancing Herself From Bill Clinton’s Economic Policies, Hillary Wants Him as Mr. Economic Fix It
Like the Bourbons, the Clintons appear to have learned nothing and forgotten nothing.
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