Seattle’s Rental Bubble Meets its Inflection Point by Wolf Richter • Sep 21, 2018 • 41 Comments Construction boom, flood of new high-end apartments, not enough demand, rising vacancy rates, and the biggest concessions since the Great Recession.
How Millennials Are Shifting the Housing Market by Wolf Richter • Sep 17, 2018 • 102 Comments They’re settling in urban centers. In many ZIP codes, they’re already the majority. And they spend their money on rent.
Dead Meat Walking: Sears Revenue & Store Count to Hit Zero by 2020 by Wolf Richter • Sep 13, 2018 • 54 Comments Defying my dictum that nothing goes to hell in a straight line.
Automakers Take Note: Americans Are Changing How They Commute to Work by Wolf Richter • Sep 2, 2018 • 117 Comments A structural shift with some significance for the auto industry.
Update on Rental Bubbles & Crashes in US Cities by Wolf Richter • Aug 31, 2018 • 34 Comments Rents plunge in Chicago & Honolulu, spiral down in New York, Washington DC, & others, but surge in many markets.
Here Comes the 2nd Wave of Big Money in the “Buy-to-Rent” Scheme by Wolf Richter • Aug 23, 2018 • 127 Comments A different set of private-equity firms, at the peak of the market, as brokers constantly blame low inventories of single-family houses for sky-high prices.
Another Sears Holdings Spinoff Dies by Wolf Richter • Aug 22, 2018 • 55 Comments Lowe’s finally seems to get the brick-and-mortar meltdown.
E-Commerce Does it Again: The Stores that Got Pummeled by Wolf Richter • Aug 17, 2018 • 65 Comments Even brick-and-mortar sales at our hero-of-the-day Nordstrom actually fell!
Mattress Firm Considers Bankruptcy to Get Out of its Real Estate Scams by Wolf Richter • Aug 6, 2018 • 73 Comments This is so thick it’s hard to believe. It’s far beyond just a Brick & Mortar Meltdown.
Could California Flame Out? by John McNellis • Aug 5, 2018 • 112 Comments High housing costs & taxes lead to this: “Once we decided we had to get our employees out of California, we went about our search systematically.”