A weekend topic starting with BBN Times. "The amount of wealth in an economy should be related to the amount of income. For example, wealth in real estate will be linked to the income that people have available to pay…
A report from the Coeur d’Alene Press in Idaho. "Kristen Johnson, Coeur d’Alene Association of Realtors president said there aren’t as many competitive offers on homes as there were earlier this year, so the market is seeing some price reductions.…
A weekend topic starting with Bloomberg. "Disgruntled China Evergrande Group customers staged a protest in Guangzhou demanding that the cash-strapped developer restart stalled construction work and urging the local government to intervene. More than 100 home buyers in white T-shirts…
A holiday topic starting with VOA News. "In the latest sign that corporate debt levels in China pose a threat to the broader economy, Chinese regulators on Friday were forced to halt trading in bonds issued by Evergrande, the country’s…
A report from KBTX in Texas. "Sales are booming in the Brazos Valley. Laura Walker’s been in the market since mid-May looking at homes for her parents. They’re retired and looking to move from North Carolina. 'I kind of had…
A report from the Idaho Press. "In Ada County in 2016, there were 38 homes sold for $1 million or more. In 2020, that number was up to 314. There have already been 362 million-dollar homes sold in 2021, as…
A weekend topic starting with KIRO in Washington. "Seattle police and fire investigators are searching for a known arson suspect who they believe intentionally started a fire which destroyed an abandoned housing complex in the 5200 block of University Way…
A report from KJZZ in Arizona. "Phoenix construction activity is getting close to levels seen in 2006, just before the housing crash and Great Recession. 'At the conclusion of fiscal year 20-21, planning will have issued approximately 47,000 total construction…
A weekend topic starting with two reports from the Los Angeles Times. "Outreach workers on Friday wrapped up the first — and easiest — phase of the Venice Beach cleanup, persuading dozens of homeless people camped on the boardwalk to…
A weekend topic starting with China Worker. "The following is a document discussed at the 2015 congress of the ISA’s China, Hong Kong and Taiwan section. This appeared in our book Building the Socialist Alternative (published by chinaworker.info November 2015,…