Prices of New Houses Drop Further, -18% Year-Over-Year, Sales Drop, High Inventories Rise Further, Supply Jumps
More unhappy news on the residential real estate front: lotta unsold houses out there!
Read more...Category Archives: Real estate
The Environmental Impact of Housing and Heating
Good news on the climate change front: some easy fixes to housing would have an impact.
Read more...Russia, China Unite Against US Empire
Michael Hudson on China’s wobbles, Russia-China cooperation, the revolt against colonialism and neoliberalism, and the conflict in Gaza.
Read more...WSJ’s Greg Ip Discusses China Crisis Risk
Fed whisperer Greg Ip expresses cautious concern about China, based on the latest IMF forecasts.
Read more...30-Year Treasury Yield Spikes Past 5%, 30-Year Mortgage Rates Hit 8%, Mortgage Applications Plunge
Treasury bond bloodbath, housing Market in deep-freeze, as delusions fade.
Read more...The Increasing Financialization of Germany
The FIRE sector capitalizes on Germany’s industrial decline as government diverts money from social programs to military.
Read more...US Home Insurers Are Leaving Climate Risk Areas. We Need Affordable Housing Now
When the US housing crisis meets the looming insurance crisis, only government intervention will avert catastrophe.
Read more...Hot Temperatures: A New Player in Housing Markets
Identifying a new source of climate change housing price risk: heat, as in too much.
Read more...Hoisted from Comments: China’s Unsustainable, Unbalanced Growth Model and Its Current Economic Wobbles
Musings on the routes for China out of its economic problems and whether China will actually take them.
Read more...China Schizophrenia: Jake Sullivan Makes Demands, Press Fulminates Its Ambitions as While Overhyping Current Economic Wobbles
The West’s discomfort over China’s influence and economic stature is sometimes a bit too obvious.
Read more...Private Equity on Campus: Why College Students Are Sleeping in Cars
College students are still unable to find housing despite enrollment dropping since the start of the pandemic, and a major price-fixing lawsuit against corporate landlords sheds light on why.
Read more...The Rise of Private Cops: How Not to Tackle Homelessness
Why a story on the abuse of private power, here a security guard beating up the homeless on public property, does not go far enough.
Read more...Quelle Surprise! High Fee “Alternative Investments” Produce Serious “Negative Alpha” as in Underperformance as Managers Get Rich
In his latest paper, investment expert Richard Ennis continues showing how alternative investments destroy value.
Read more...‘Renters Are Struggling’: Economists Back Tenant-Led Push for Federal Rent Control
Economists begin to admit that their models are wrong when it comes to anti-rent control arguments.
Read more...Empty Office Spaces Can Be Converted to Residential Buildings – But It Won’t Be Affordable
What if we convert redundant office space to affordable living space or public housing and quit with the return-to-office pressure?
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