“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….
‘Excessive Amounts of Capital’ Doom Startup Bubble by Wolf Richter • Sep 16, 2014 • 1 Comment Even venture capital is worried. ‘The crazier things get, the worse people execute’
California Home Sales Dive, Prices Hit Wall, Millennials Blamed by Wolf Richter • Sep 13, 2014 • 17 Comments The American Dream? Not for millennials.
Home-Flipping Collapses in San Francisco, Losses Spread by Wolf Richter • Aug 30, 2014 • 8 Comments The magic mix becomes toxic.
What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.
Tesla, Fairest Welfare Queen of all, Cracks the Whip by Wolf Richter • Aug 13, 2014 • 16 Comments Taxpayers get milked. And California’s environmental laws, signed by Gov. Reagan, get shafted. Very ironic for a company that hypes its “green” credentials.
