The American Dream Plunges to Record Low by Wolf Richter • Jul 28, 2016 • 101 Comments Consequence of turning “home” into a financialized “asset class.”
US Government Mucks up Money-Laundering in Real Estate, Puts Luxury Housing Bubbles at Risk by Wolf Richter • Jul 27, 2016 • 55 Comments Manhattan and Miami already get mauled. Now expanding to San Francisco, Silicon Valley, Southern California, even Texas!
Whither Texas: Boom or Bust or Both? by Wolf Richter • Jul 23, 2016 • 29 Comments “The only word to describe the Dallas housing market is ‘frenzy.’”
London Housing Bubble Melts Down by Wolf Richter • Jul 18, 2016 • 17 Comments But don’t just blame Brexit.
Why this Won’t Work out: Rampant Rent Inflation Collides with Stagnant Incomes by Wolf Richter • Jul 12, 2016 • 64 Comments Unlike stocks, a housing bubble can only go so far.
Is this What Hit Housing in San Francisco, Manhattan, and Miami? Suddenly, Foreign Investors Pull Back… by Wolf Richter • Jul 7, 2016 • 51 Comments Oh no! Not now! Chinese investors buy fewer homes in the US.
Teardowns and Shadow-Flipping: Living Inside the Insane Vancouver Housing Bubble by Angela Johnson • Jul 5, 2016 • 28 Comments The benchmark price for homes in Metro Vancouver soared 32% in June!
These 2 Forces Will Crush the San Francisco Housing Bubble by Wolf Richter • Jul 5, 2016 • 76 Comments Already happening, with impeccable timing.
It Gets Real: Manhattan Apartment Sales Plunge by Wolf Richter • Jun 30, 2016 • 64 Comments And condo prices plummet 14.5% in 3 months.
NY Fed Warns about Booming Subprime Mortgages, now Insured by the Government by Wolf Richter • Jun 21, 2016 • 62 Comments “Astronomical” default and loss rates.