Housing

Big City Exodus: Rents of Single-Family Houses Rise Across the US, Even as Apartment Rents in Expensive Cities Drop Sharply

by Wolf Richter • Nov 10, 2020 • 110 Comments

Californians applying to lease single-family houses in Arizona, Nevada & Texas doubled from year ago; migration from New York & New Jersey to Florida similar: American Homes 4 Rent.

Condo Prices Drop 13% in San Francisco, All-Time Record Inventory Glut Piles Up

by Wolf Richter • Nov 5, 2020 • 112 Comments

The glut is in neighborhoods with condo towers, particularly where the construction boom has been. Neighborhoods with low-rise buildings are less impacted.

US Apartment Market Splits in Two, 100 Cities: Where Rents Jumped or Dropped the Most, Are Highest or Lowest

by Wolf Richter • Nov 3, 2020 • 52 Comments

Unemployment and work-from-home or work-from-anywhere are massively shifting where people want to live.

I’m in Awe of How Fast Rents Plunge in San Francisco, New York, Boston, Los Angeles, Other Expensive Cities. Rents Decline Even in Houston & Dallas. National Average Turns Negative

by Wolf Richter • Oct 30, 2020 • 140 Comments

Work-from-anywhere, unemployment crisis, oil bust, people chasing a cheaper less crowded place to live, the land rush to buy homes.

Housing Market Goes Nuts, Everyone Sees it, But it Can’t Last

by Wolf Richter • Oct 23, 2020 • 307 Comments

There’s a housing shortage until there’s suddenly a housing glut: see San Francisco et al.

The Big Boys Are Back: Financializing Single-Family Houses

by Wolf Richter • Oct 8, 2020 • 87 Comments

As after the last crisis, fueled by ultra-cheap money, they’re taking financialization of the housing market to the next level (transcript of my podcast).

Condo Boom Turns to Historic Condo Glut in San Francisco

by Wolf Richter • Oct 7, 2020 • 85 Comments

There is a “housing shortage” and an “inventory shortage” until there suddenly isn’t.

THE WOLF STREET REPORT: The Big Boys Are Back Financializing Single-Family Houses

by Wolf Richter • Oct 4, 2020 • 157 Comments

As after the last crisis, fueled by ultra-cheap money, they’re taking financialization of the housing market to the next level.

The Flight of the Techies

by John McNellis • Oct 2, 2020 • 142 Comments

New York City, San Francisco Bay Area are the big losers. The great 2020 exodus raises the question: Will the techies ever return?

San Francisco Rents in Free-Fall. New York Rents Swoon. Expensive Cities, College Towns, Cities in Texas, Other States Sag. But in 16 Cities, Rents Jump Double-Digits

by Wolf Richter • Oct 1, 2020 • 99 Comments

Work-from-anywhere, unemployment, the land rush for houses, virus-fears about elevators, the oil bust: Big shifts for the fifth month in a row.

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