In July, I Stuck My Neck Out to See a Housing Market Turning Point in San Francisco Bay Area’s Sonoma County: Here’s an Update on My Neck by Wolf Richter • May 9, 2019 • 45 Comments Now even the surface of the market has softened, not just the underlying dynamics.
California’s Housing Bubble Counts on Blistering Population Growth, But it’s Fizzling by Wolf Richter • Apr 19, 2019 • 112 Comments Los Angeles population drops, San Francisco & Silicon Valley population rises least since 2010, North Bay’s population drops.
House Prices in 12 of California’s Most Expensive Coastal Counties Fell in March from a Year Ago. Here are the Charts by Wolf Richter • Apr 17, 2019 • 67 Comments Despite “the lowest interest rates in more than a year.”
What’ll Happen to Home Prices in Silicon Valley & San Francisco after IPOs Shake Loose All These Startup Millionaires? Last Two Times, We Got a Housing Bust by Wolf Richter • Apr 14, 2019 • 84 Comments Here’s how it works. Meanwhile, the media is busy publishing real-estate industry hype.
THE WOLF STREET REPORT: Why the Wave of Mega-IPOs Won’t Bail Out the San Francisco & Silicon Valley Housing Bubbles by Wolf Richter • Apr 7, 2019 • 48 Comments Why the Wave of Mega-IPOs Won’t Bail Out the San Francisco & Silicon Valley Housing Bubbles, Despite All the Hype.
Apartment Rental Market: Houston Rents Plunge Most; Southern California Lose Grip. New York, Washington DC, Chicago Down. “Mid-Tier” Cities Red-Hot by Wolf Richter • Mar 28, 2019 • 58 Comments Where Apartment Rents Fell & Where They Surged: March Update
The Most Splendid Housing Bubbles in America Deflate Further by Wolf Richter • Mar 26, 2019 • 107 Comments San Francisco Bay Area House prices -4.3%, condos -5.7% since July, Seattle house prices -5.9%, most since Housing Bust 1; Los Angeles, San Diego, Denver, Portland, New York condos, Boston decline. Dallas ticks up.
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.