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.
The Shift from City Centers to Suburbs: New House Sales Soar for 3rd Month, +46% YoY, to Highest Since 2007 by Wolf Richter • Sep 24, 2020 • 207 Comments But the median price declined. Households paying for office space to work from home?
Landlords, Please Chime in: After CDC Eviction Moratorium & State Eviction Bans, How Big is Nonpayment of Rent, amid Sharply Conflicting Household Surveys & Landlord Data by Wolf Richter • Sep 2, 2020 • 250 Comments Small and large landlords, please share your experience in the comments so we can get a better feel of what is actually happening on the ground.
Rents Plunge in San Francisco, New York. Other Expensive Cities, College Towns, Texas Oil Patch also Hit. Incentives Surge. But in 18 Cities: Double-Digit YoY Rent Increases by Wolf Richter • Sep 1, 2020 • 130 Comments Big shifts underway — work-from-anywhere, unemployment crisis, oil bust, people searching for a cheaper place to live.
