This Is How Insane San Francisco’s Housing Bubble Really Is by Wolf Richter • May 19, 2015 • 17 Comments Boom-and-Bust City. But watch out below.
Water Crisis: Lake Mead, Largest US Reservoir, Faces Federal “Water Emergency,” Forced Rationing by Wolf Richter • May 3, 2015 • 23 Comments 40 million people, including the folks in Los Angeles, depend on its water.
Americans Suddenly Sour on Buying a Home, Worst Drop since 2008, Optimism Plunges in the West by Wolf Richter • Apr 27, 2015 • 37 Comments Potential buyers face the wall of soaring prices.
The 10 Worst “Sinkhole States” in America by Wolf Richter • Mar 16, 2015 • 10 Comments Where taxpayers shoulder the largest burden of state debt.
West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’ by Wolf Richter • Mar 6, 2015 • 14 Comments Both sides hold gun to nation’s head. Gun backfires.
“Oil Capital of California” Declares Fiscal Emergency by Wolf Richter • Jan 29, 2015 • 3 Comments Oil bust, sins committed & false promises made in good times sink Kern Country.
The American Dream Goes Bust, KB Home Wrecked, Other Homebuilders Follow by Wolf Richter • Jan 14, 2015 • 11 Comments What is going on in this glorious housing market of ours?
Housing Bubble 2: California November Home Sales Plunge to Multiyear Lows, Prices Soar by Wolf Richter • Dec 18, 2014 • 2 Comments Sales down 20% in San Francisco, but prices soar 27% to ludicrous levels.
Blackout, When it Finally Rains in San Francisco by Wolf Richter • Dec 11, 2014 • 11 Comments My thoughts when the high-tech city just about shut down.
California Housing Market Cracks in Two, Top End Goes Crazy by Wolf Richter • Nov 26, 2014 • 6 Comments The Fed’s wealth effect kicks in: “Mind-blowing” how the luxury market has been “completely on fire.” The rest, well….
