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It Starts: Apartment Glut in San Francisco & New York City
by Wolf Richter • • 36 Comments
How We’ll Know When to Buy This Hated Commodity
by Wolf Richter • • 21 Comments
How the Fed Stopped the “Corporate Profit Recession” (and the Media Fell for it)
by Wolf Richter • • 29 Comments
The Big Mac Peso-Dollar Blues in Mexico
by Don Quijones • • 39 Comments
Tourism Threatens to Collapse in France
by Wolf Richter • • 61 Comments
Last Time this Happened in the Housing Market
by Wolf Richter • • 60 Comments
The most expensive home listed for sale globally is in Bel Air, a neighborhood in Los Angeles. Its main house is a 74,000-square-foot monstrosity. Among the special attributes: a 30-car garage. The compound, being erected by speculative builder Nile Niami, has an asking price of $500 million. Seven of the world’s 10 most expensive listings…