Carmageddon for Tesla Model 3: US Deliveries Plunge 55% to 60% from Q4, Laid-off Delivery Employees tell Reuters by Wolf Richter • Feb 9, 2019 • 121 Comments Pent-up demand for high-priced luxury cars in the era of Carmageddon is a tricky thing, especially when tax credits phase out.
Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble? by Wolf Richter • Jan 29, 2019 • 52 Comments Construction Halts on LA’s Chinese-Owned $1-Billion Oceanwide Plaza; Fretting Starts about $1.6-Billion Oceanwide Center in San Francisco.
Prepping for Bankruptcy, PG&E Secures $5.5 Billion in “Debtor-in-Possession” Financing. What is “DIP” Financing? by Wolf Richter • Jan 22, 2019 • 77 Comments Here’s how a soon-to-be bankrupt company that’ll default on all its debts can still borrow $5.5 billion.
Bankruptcy Next, PG&E Says. Shares Down 90% in 15 Months. From “Investment Grade” to “Default” in Three Weeks? by Wolf Richter • Jan 14, 2019 • 89 Comments California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001.
Housing Bubble Trouble in Silicon Valley & San Francisco by Wolf Richter • Jan 7, 2019 • 118 Comments But this time it’s not a result of a tech bust. That hasn’t happened yet.
Winter is Coming to Commercial Real Estate by John McNellis • Dec 14, 2018 • 40 Comments Commercial real estate developer shares his insights on how to prepare for it.
It’s Happening: San Francisco House & Condo Prices Fall by Wolf Richter • Dec 5, 2018 • 92 Comments House prices down $265,000 from peak, down $60,000 from year ago. America’s most majestic housing bubble begins to deflate.
Why California’s Housing Market is in for Serious Trouble by Wolf Richter • Dec 4, 2018 • 113 Comments Homebuilder Toll Brothers just said it out loud.
Bubble Trouble: Silicon Valley & San Francisco Housing Markets Head South by Wolf Richter • Dec 3, 2018 • 92 Comments The underlying dynamics changed in August and have worsened since. And this is still the tech boom.
Housing Downturn Arrives in Silicon Valley & San Francisco by Wolf Richter • Nov 16, 2018 • 79 Comments The inflection point: sellers got the memo and cut prices.
