Did the Fed Create The Housing Bubble?
https://www.youtube.com/watch?v=ix3skM14s90 https://www.youtube.com/watch?v=-0a32bVGbZI https://www.youtube.com/watch?v=ehhjZG2WY-E
Why Do You Want To Buy Something That You Expect To Become Cheaper?
A weekend topic starting with the Atlantic. "This coming recession, if it does come, will largely be an artifact of policy, with a handful of unelected bureaucrats based in Washington choosing to increase unemployment and bankrupt businesses in order to…
Are We Going To See Fire Sales?
https://www.youtube.com/watch?v=mLCQyoQZbhw https://www.youtube.com/watch?v=hgk8vLdTmys https://www.youtube.com/watch?v=1bB9bco8ZAc https://www.youtube.com/watch?v=2FCkByxbWAY
What Worked In The Past Won’t Work Now
It's Friday desk clearing time for this blogger. "'I’ve felt a massive drop,' says Sabrina Must, who in the height of the pandemic could command more than $1,000 per night on a holiday weekend in Encinitas, California but now has…
An Asset Which Produces Nothing
A report from KTNV in Nevada. "Some Las Vegas sellers are getting creative to get more offers. Zoom in towards the area of St. Rose Parkway and I-15 and you'll find a home listed for only one dollar. 'It is…
The Biggest Drawback Of Helicopter Money
A weekend topic starting with Fortune. "In 2005, Fed Chair Alan Greenspan told Congress that a 'bubble in home prices for the nation as a whole does not appear likely.' Of course, not only had a housing bubble formed, it…
They’re Trying To Get Rid Of Them As Fast As They Can, It’s Just Sitting There Without A Buyer, They’re Losing Money
A report from Go Banking Rates. "The Florida cities on this list are showing alarming signs that could be pointing toward a housing crisis. Pembroke Pines, Florida: % of homes for sale that have been foreclosed: 74.47%. Hollywood, Florida: %…
The Central Bank Is Quite Happy To See Those Prices Fall
A report from The Hill. "A series of layoffs at America’s major technology companies could put pressure on local housing markets. San Jose and San Francisco are among five U.S. metros that have already experienced year-over-year price declines. Prices fell…
If We Have The Everything Bubble, You’re Going To Have The Everything Bust
A report from Mansion Global. "As the market shifts, home buyers are getting bolder. 'My advice now is to ask for everything,' said Ben Stern, managing broker of Buyers Edge Co.’s Dupont Circle office in Washington, D.C. 'In less-competitive neighborhoods…
The Great Financial Bubble Of Every Bubble Being Pricked By The General Move To Somewhat Greater Degrees Of Financial Sanity
A holiday topic starting with NPR. "Seattle Times business reporter Paul Roberts spoke to KUOW's Angela King: I've talked with a number of workers from India and from China who are really not sure what to do. Some have been…