A weekend topic starting with the Star Press in Indiana. "In its general form, Gresham’s Law tells us 'the bad crowds out the good.' Whether it’s in currency, politics or in the realm of ideas, this modest proposition warns us…
It's Friday desk clearing time for this blogger. "The Chicago City Council enacted the COVID-19 Eviction Protection ordinance in June. After selling two single-family homes to financially maintain his remaining portfolio, Derrick Rowe, a landlord on the South Side, now…
A report from the Vancouver Sun in Canada. "Ian Watt, a Vancouver realtor who specializes in Yaletown condos, said people need to look beyond the Real Estate Board of Greater Vancouver’s headline numbers. 'This is the first time since May…
A report from Our Windsor in Canada. "Toronto’s towering condo buildings have become almost as synonymous with the city as its red and white TTC streetcars. For the first time since a year over year dip following the financial downturn…
It's Friday desk clearing time for this blogger. "The contours of the ruin caused in New York City are emerging. City unemployment rate climbed to nearly 20 percent in July with nearly a fifth of jobs wiped out, year-to-year. Many…
A report from Toronto Storeys in Canada. "Back on the market for the second time this summer, this 409 Bloor Street East penthouse offers incredible views inside and outside. It’s no wonder this sweet suite is priced at $4.1 million.…
A report from the Vancouver Sun in Canada. "Rental prices are softening in Vancouver and Toronto and housing prices are soon to follow as the number of new immigrants and foreign students falls sharply because of border restrictions aimed at…
It's Friday desk clearing time for this blogger. "The coronavirus pandemic has weaved two opposing narratives in the U.S. housing market. On one hand, it has buoyed home prices amid extremely tight inventory and frenzied demand. On the other, it…
A report from the Wall Street Journal on China. "Financial stress at an upmarket developer is rattling Chinese families who paid big deposits for unbuilt homes—showing the risks in presales, one of the sector’s favorite funding tools in China. Problems…
A report from the South China Morning Post. "Some heavily indebted mainland Chinese owners have been forced to sell their luxury apartments in Hong Kong at huge losses or discounts, as the economic slump at home takes a toll. At…