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.
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.
