Desperation Invades Vancouver Housing Bubble, as Hot Money Still Pumps up Toronto, Hype Overflows by Wolf Richter • Feb 5, 2017 • 43 Comments In Toronto, “home ownership continues to be a great investment,” which is what they said about Vancouver a year ago.
Rents Plunge in Costliest US Cities, Soar in Mid-Tier Cities by Wolf Richter • Feb 1, 2017 • 35 Comments Overall national rent figures hide the drama on the ground.
The Granular Detail of Miami’s Preconstruction Condo Flipping Bloodbath by Wolf Richter • Jan 31, 2017 • 40 Comments Microcosm of the condo boom-and-bust cycle.
Condo Speculation Collapses in Miami-Dade’s Condo Glut by Wolf Richter • Jan 29, 2017 • 46 Comments Preconstruction condo flippers left twisting in the wind.
Financialization of Rents Gets Taxpayer Guarantees by Wolf Richter • Jan 24, 2017 • 99 Comments Government Buckles, Guarantees Buy-to-Rent Mortgage-Backed Securities for First Time Ever. Wall Street Wins Again.
These are the Countries with the Biggest Debt Slaves, and Americans Are Only in 10th place by Wolf Richter • Jan 22, 2017 • 137 Comments So who the heck are the Really Great Ones?
Evictions by Wall-Street Mega-Landlords Soar, Financialization of Rents Cause “Housing Instability”: Atlanta Fed by Wolf Richter • Jan 7, 2017 • 106 Comments It blames the Fed & Bernanke; the dark side of “healing” the housing market.
Home Buyers Sapped by Soaring (but Still Low) Mortgage Rates, Sky-High Home Prices by Wolf Richter • Dec 28, 2016 • 79 Comments “The budget of many prospective buyers last month was dealt an abrupt hit”
Deflating Manhattan Housing Bubble Hits Amy Schumer by Wolf Richter • Dec 27, 2016 • 57 Comments “You can’t lose money in real estate” – until you do.
Even Single-Family Rentals Sink in Once Hottest Markets by Wolf Richter • Dec 21, 2016 • 49 Comments San Francisco, San Jose, New York… and cracks appear even in Seattle’s crazy Rent Boom