Happy New Year Californians: US Largest Utility Jacks up Rates the Most since 2006 Despite Collapse of Natural Gas Prices by Wolf Richter • Jan 1, 2016 • 36 Comments The power of monopoly and regulatory capture.
Subprime “Alt”-Mortgages from Nonbanks, Run by former Countrywide Execs, Backed by PE Firms Are Hot Again by Wolf Richter • Dec 1, 2015 • 46 Comments Housing Bubble 2 comes full circle. But this time, it’s even bigger.
This Will Bust San Francisco’s Insane Home Price Bubble by Wolf Richter • Nov 22, 2015 • 24 Comments One of its “Biggest New-Housing Construction Booms in History”
San Francisco’s Luxury Condo Bubble Turns into Condo Glut by Wolf Richter • Nov 8, 2015 • 21 Comments Bottom falls out of luxury real estate. Even houses.
Is San Francisco Housing Suddenly Going on Sale? by Wolf Richter • Nov 3, 2015 • 31 Comments During the worst time of the year?
So “the Sky is Falling” on California Manufacturing(?!) by Wolf Richter • Nov 3, 2015 • 16 Comments “October was, for unknown reasons, the worst month in memory.”
“Million Dollar Shack” In Silicon Valley (Video) by Wolf Richter • Oct 27, 2015 • 44 Comments Time for people who can’t afford living here to make room for those who can: “real estate rock star”
What Will Cause the Next Recession? by Larry Kummer • Oct 15, 2015 • 17 Comments Expect the unexpected.
Is Volkswagen the Only One? by Wolf Richter • Sep 21, 2015 • 49 Comments It took seven years to detect that secret algo expertly designed to break US law and deceive consumers.
A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.
