California Tries to Stem the Unemployment Insurance Chaos: Week 27 of U.S. Labor Market Collapse by Wolf Richter • Sep 24, 2020 • 142 Comments Even Fitch weighs in on the data chaos.
On Fumes of Stimulus: California Starts Sending Out $900 Lump-Sum FEMA-Funded Unemployment Payments on Labor Day by Wolf Richter • Sep 7, 2020 • 152 Comments Most states are also rolling it out. On top of other stimulus programs and housing payment deferrals via eviction bans & mortgage forbearance
“Pent-up Supply” in San Francisco Turns into Record Glut of Houses & Condos for Sale. Prices Weaken by Wolf Richter • Aug 25, 2020 • 203 Comments Why is everyone suddenly trying to sell their home?
Haunting Photos of San Francisco’s Desolate Financial District During Morning “Rush Hour”: Visual Effects of Work-from-Home by Wolf Richter • Aug 22, 2020 • 318 Comments I’m standing in the middle of the street to take this photo. Why? Because I can.
California Cannabis Tax Revenues Soar as Industry Gets Going, But Black Market Still Dominates by Wolf Richter • Aug 19, 2020 • 70 Comments Growth during the Pandemic. And the state sure needs the money.
Rents Swoon in San Francisco, Other Expensive Cities, TX-OK Oil Patch Y/Y. But 23 Cities with Double-Digit Rent Increases by Wolf Richter • Aug 3, 2020 • 175 Comments Large-scale shifts triggered by work-from-home, staggering unemployment crisis, and oil-and-gas bust. Rents respond in real time.
Shift from Condos to Houses and from Big Cities to Suburbs? New House Sales Rose 6.9% fr. June Last Year, to Highest Level since July 2007 by Wolf Richter • Jul 24, 2020 • 131 Comments The evidence keeps piling up.
“Pent-up Supply” Floods San Francisco Housing Market, Most Since Housing Bust by Wolf Richter • Jul 17, 2020 • 187 Comments Sellers are suddenly coming out of the woodwork. Housing market is having a moment.
Massive Shifts Underway, Rental Market Reacts in Near-Real Time: Rents Plunge in San Francisco & Oil Patch, Drop in Expensive Cities. But Long List of Double-Digit Gainers by Wolf Richter • Jul 1, 2020 • 106 Comments Rents in San Francisco are still crazy-overpriced.
There Sure’s a Lot of Brain-Dead Misreporting About the Case-Shiller Home Price Index this Morning by Wolf Richter • Jun 30, 2020 • 131 Comments No, it’s not yet a reflection of home prices during the Pandemic. Be patient. Reporters or spaghetti-code algos should have read the methodology before misleading their readers.
