Housing Market under COVID-19: Regular Folks Retreat, Foreign Investors Blocked, Large US Investors Gone, iBuyers Frozen by Wolf Richter • Apr 22, 2020 • 176 Comments Demand is a lot weaker in some places than in others. Here are the 20 cities with the largest drops.
Week Two of the Collapse of the Labor Market by Wolf Richter • Apr 2, 2020 • 248 Comments This type of sudden, previously unimaginable fall-off-the-cliff data about the lockdown-economy is gut-wrenching.
Week Two: How COVID-19 Lockdowns Impact US Housing Market. Mortgages Give Clues: It Gets Uglier by Wolf Richter • Apr 1, 2020 • 169 Comments “Nobody has any taste for risk anymore. All of those exotic loan programs have ceased. All investors buying that paper are gone”: mortgage broker.
CoronaWar Battlegrounds: New York Leads in Growth, Minnesota Bends it Best. California Hot Spots v. Italy & South Korea. Pain in Spain by Wisdom Seeker • Mar 28, 2020 • 215 Comments Madrid area hospitals were forced into wartime-triage, denying care to the elderly in order to give the young a better chance.
How Will Coronavirus Lockdowns Impact the US Housing Market? First Data Points Are Out. They’re Ugly by Wolf Richter • Mar 25, 2020 • 223 Comments And it’s just the first inkling of what’s in store for home sales.
How a Landlord of Neighborhood Malls Deals with the Lockdown Crisis his Tenants Face by Wolf Richter • Mar 19, 2020 • 84 Comments “Our Retail Marshall Plan.”
Tesla, the WTF Chart of the Year by Wolf Richter • Mar 18, 2020 • 96 Comments You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%.
Lockdown in San Francisco, Silicon Valley & the East Bay: We’re to “Shelter in Place.” What it Means Now & Long Term by Wolf Richter • Mar 16, 2020 • 300 Comments The eeriness of the whole situation may leave permanent marks on consumers and business-decision makers.
What Sequoia Capital’s “Black Swan” Memo Means for Unicorn-Hotspots Like San Francisco, Silicon Valley & Others by Wolf Richter • Mar 6, 2020 • 183 Comments “False optimism can easily lead you astray and prevent you from making contingency plans or taking bold action.”
Los Angeles Housing Market Carved Up by Unaffordability & Divergence in Demand by Wolf Richter • Feb 26, 2020 • 52 Comments Low Tier Skyrockets. Super-Luxury in Trouble. Condo, High-Tier House Prices Have Gone Nowhere since mid-2018.