Despite “the lowest interest rates in more than a year.”
Here’s how it works. Meanwhile, the media is busy publishing real-estate industry hype.
Why the Wave of Mega-IPOs Won’t Bail Out the San Francisco & Silicon Valley Housing Bubbles, Despite All the Hype.
Where Apartment Rents Fell & Where They Surged: March Update
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.
Pent-up demand for high-priced luxury cars in the era of Carmageddon is a tricky thing, especially when tax credits phase out.
Construction Halts on LA’s Chinese-Owned $1-Billion Oceanwide Plaza; Fretting Starts about $1.6-Billion Oceanwide Center in San Francisco.
Here’s how a soon-to-be bankrupt company that’ll default on all its debts can still borrow $5.5 billion.
California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001.
But this time it’s not a result of a tech bust. That hasn’t happened yet.