The priciest markets north of the San Francisco Bay.
Even as the Fed floods the market with $400 billion in four months, with stocks at record highs, and reality pooh-pooed as irrelevant. What’s different this time?
Even in San Francisco: From a brand-new glitzy zombie mall to innumerable vacant storefronts.
It has been shrinking its way out of the City for years. And it’s not the first major company to make the move.
How China’s crackdown on debt and capital flight pulls the rug out from under mega-real-estate projects.
Ironically, house prices dropped the most in Silicon Valley.
This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
It’s so big: Soul searching in the Commercial Mortgage Backed Securities market.
Signs are now all over Silicon Valley and San Francisco.
Strongest argument in favor of an air-walking economy is WeWork, Uber, Lyft, and other unicorns destined to never make a dime. Throwing billions of dollars at these losers is a recessionary harbinger.