US Cities Struggling With Office Vacancies: St. Louis in Doom Loop, New York Eyeing Residential Conversions
Two snapshots of the impact of hollowed out office buildings on American cities and how they are trying to cope.
Read more...Category Archives: Real estate
China’s Local Government Financing Vehicles (LGFVs): Ponzi Finance on Steroids
How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.
Read more...“On a Relative Scale, There’s a Strong Case that Financialization Is Worse in the PRC than the US”
On a relative basis, China is more financialized than the US which is not a pretty picture.
Read more...Book Review: Confronting the Slow Calamity of Climate Migration
In “On the Move,” Abrahm Lustgarten details how global warming could displace millions of Americans.
Read more...NYC AI Chatbot Touted by Adams Tells Businesses to Break the Law
The Microsoft-powered bot says bosses can take worker’s tips and that landlords can discriminate based on source of income.
Read more...“The Algorithm Told Me to Do It”: More Price Fixing in US Rental Market
Arizona and another class action join lawsuit parade against price-setting software companies and property managers, North Carolina AG investigating.
Read more...How Revillaging and Natural Building Are Increasing Climate Resilience
Some grass roots initiatives by architects and community members to increase climate resilience by improving building and local planning.
Read more...Michael Hudson: Higher Education Crapification – The New School Case Study
How the education part of higher education has become an afterthought.
Read more...Our Housing Crisis Is Literally Killing People
A society that refuses to provide safe and secure housing for every single person is a failure.
Read more...Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement
US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.
Read more...The Billionaire Next Door Driving Up Housing Costs for Everyone
The rich are busy turning the 20th-century dream of owning your own home into the grubby 21st-century reality of renting your own home forever.
Read more...“The Right to Housing, Not Vacation Homes”
Efforts to curb AirBnB running unlicensed hotels, which cannibalizes residential housing, have not gone far enough.
Read more...Michael Hudson: Neoliberalism, Industrial Capitalism, and the Rise of Debt
Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.
Read more...Is China’s Economy Collapsing? Economic War! Michael Hudson & Richard D. Wolff
A wide-ranging talk, using Western bashing of China’s economy as a point of departure.
Read more...New Technologies to Get Around Old Laws: Algorithms Being Used to Evade Antitrust Rules, Fix Prices and Worse
Is organizing a price-fixing cartel still illegal if an algorithm tells you to do it?
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