“Million Dollar Shack” In Silicon Valley (Video) by Wolf Richter • Oct 27, 2015 • 44 Comments Time for people who can’t afford living here to make room for those who can: “real estate rock star”
“Bank Failures and Systemic Breakdowns”: Regulator Warns on Autos, Subprime, Commercial Real-Estate… by Wolf Richter • Oct 21, 2015 • 32 Comments “Reminds me of what happened in mortgage-backed securities in the run up to the crisis.”
Why Mainstream Economists Deny Housing Bubbles Until After They Implode – Which They ALWAYS Do by Lindsay David • Oct 20, 2015 • 24 Comments Those few warning of a housing crash are “scaremongers” – now playing out in Australia.
Commercial Real Estate Shoots Off Chart, Fitch Frets about CMBS, Points to Financial Crisis by Wolf Richter • Sep 23, 2015 • 13 Comments Commercial Mortgage Backed Securities “cannot afford a repeat of 2008-2009.”
The Time Bomb under Canada’s Economy: Soaring Household Debt, and Suddenly Delinquencies! by Wolf Richter • Sep 16, 2015 • 19 Comments “Fortunately, there’s little need to fret about households’ ability to carry all that debt.”
What a Million Dollars Buys in Australia’s Housing Market by Mark Hansen • Sep 8, 2015 • 10 Comments Ominous signs for one of the few bright spots in the weakening economy.
What’s Coming Unglued Now in Canada? by Wolf Richter • Sep 4, 2015 • 15 Comments “The number of half-empty office buildings in Alberta is projected to spike.”
Stock Market Crash Mauls Home Sales in Hong Kong by Wolf Richter • Sep 3, 2015 • 9 Comments Can this Happen Here?
It Gets Even Uglier In Canada by Wolf Richter • Aug 30, 2015 • 25 Comments Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels.
First the Miners, now the Banks, then Property? Going to be a Hard Landing for… Australia by Wolf Richter • Aug 25, 2015 • 19 Comments A housing market set for the mother of all corrections.