Is Canada Next? Housing Bubble Threatens ‘Financial Stability’ by Wolf Richter • Oct 1, 2014 • 15 Comments Bank of Canada: it’s so vast and weighed down with so much debt that a “sharp correction in house prices” could take down the financial system.
Last Time this Happened in the Housing Market by Wolf Richter • Sep 25, 2014 • 9 Comments This chart shows how truly screwed up this housing market really is.
After Mucking up Housing Market, Investors Flee by Wolf Richter • Sep 23, 2014 • 3 Comments What’s left is a toxic mix: dropping sales, still rising prices, ballooning inventories.
Things Worse than Slow Growth Await the US Economy by Larry Kummer • Sep 18, 2014 • 11 Comments America might start a downturn from a position of weakness unique since WW2.
California Home Sales Dive, Prices Hit Wall, Millennials Blamed by Wolf Richter • Sep 13, 2014 • 17 Comments The American Dream? Not for millennials.
How the Government Deceives us on Inflation, as Rents and Housing Costs Soar by Wolf Richter • Sep 12, 2014 • 9 Comments Rents and housing costs make up 30% of the Consumer Price Index. They’re its largest component. They’re soaring in real life. But not in the CPI.
Luxury Homes Are Hot, Rest of Housing Market Gets Hosed by Wolf Richter • Sep 11, 2014 • 4 Comments Sweet Spot: Homes above $15 million.
But Who the Heck Is Going to Buy all these ‘Overpriced’ Homes? by Wolf Richter • Sep 6, 2014 • 34 Comments Something has to give. And it’s not going to be the maxed-out American middle class.
Home-Flipping Collapses in San Francisco, Losses Spread by Wolf Richter • Aug 30, 2014 • 8 Comments The magic mix becomes toxic.
What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.
