Category Archives: Real estate

Radhika Desai and Michael Hudson Discuss the Causes and Politicization of Inflation

Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.

How Wall Street Takeover of Rental Market Is Fueling the Homelessness Crisis

New lawsuits allege mega landlords are colluding to keep rents high and units vacant while also embracing surveillance tech to evict tenants.

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Climate Remedy: State, Local Governments Increasingly Turn to Zoning Reforms

Better late than never: Authorities are starting to use zoning as a way to reduce fossill fuel use.

Massive Cancellations Make Mess of Already Low New-House Sales. Inventory Glut at Deep Housing Bust 1 Level. Buyer Traffic Plunges

Another thing: inflation. Just when you thought the construction-cost spike was abating, it hit a new record.

Real Progressives Live with Michael Hudson: The Destiny of Civilization

Michael Hudson explains how financial capitalism won the struggle with industrial capitalism and gave rentiers the upper hand.

A Brief History of the Mortgage, From Its Roots in Ancient Rome to the English ‘Dead Pledge’ and its Rebirth in America

The backstory of what is now arguably the most widely-used form of lending in principal terms, the mortgage.

The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China

Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.

In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse

Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.

Housing Bubble Woes: Home Prices Drop 3.5%, Steepest Monthly Drop since Jan. 2016. Sales, Already at Lockdown Levels, Drop Further. Active Listings Rise Further

The housing market in the US, not surprisingly, is looking pretty punky.

New USPS Delivery Network: Radically Cutting Rural Service, Headcount; Likely to Further Slow Delivery

The gutting of USPS is accelerating. A step backwards for what passes as American civilization.

Real Estate Booms Are Behind Europe’s Productivity Divergence

The lack of real convergence between countries in Europe is a major obstacle to the proper functioning of the Euro area.

Tiny Algae Could Help Fix Concrete’s Dirty Little Climate Secret – 4 Innovative Ways to Clean Up This Notoriously Hard to Decarbonize Industry

Some possible ways to make concrete less of an environmental problem.