Everything Bubble
Helicopter Money Drops on Europe, But Not for ‘Normal’ Folks
by Don Quijones • • 11 Comments
US Commercial Bankruptcies Soar (despite Rosy Scenario)
by Wolf Richter • • 29 Comments
Last Time this Happened in the Housing Market
by Wolf Richter • • 60 Comments
The most expensive home listed for sale globally is in Bel Air, a neighborhood in Los Angeles. Its main house is a 74,000-square-foot monstrosity. Among the special attributes: a 30-car garage. The compound, being erected by speculative builder Nile Niami, has an asking price of $500 million. Seven of the world’s 10 most expensive listings…