A weekend topic starting with 48 Hills. "If you were looking for an event that epitomizes the neoliberalization of the University of California, you’d be hard pressed to top the UCLA Institute of Transportation Studies’ 2022 Lake Arrowhead Symposium. Despite being…
A weekend topic starting with Time. "The idea that banking mistakes could plunge the U.S. economy into a recession is familiar—the Great Recession that began in 2007 was caused when banks made risky home loans and then sold to lenders…
It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…
A report from the Seattle Times in Washington. "The failures of Silicon Valley Bank and Signature Bank have reverberated across Seattle’s housing market. Even as regulators rush to stabilize banks, some buyers may wonder if 'these are just sort of…
A report from NBC News. "Silicon Valley Bank is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over and closing the distressed bank to protect deposits, naming the Federal Deposit Insurance Corporation…
A weekend topic starting with the Real Deal. "For years, venture capitalists and tech firms from California descended on South Florida. But the industry’s foothold on the market began to falter last year. And now, in the aftermath of the…
A weekend topic starting with WBUR in Massachusetts. "The great unwinding of Silicon Valley Bank’s ambitions has a special sting in Boston, where the failed bank’s parent had vacuumed up two local institutions in recent years, part of its bid…
A report from the Idaho Statesman. "The median price of a single-family home in Ada County in February was $492,115, according to the Intermountain Multiple Listing Service. That’s down 10.5% from February 2022, when the median price was $549,900. In…
A report from DS News. "Auction.com, a real estate auction site offering existing and aspiring investors access to (mostly) distressed assets, generated very revealing information about the state of real estate assets throughout 2022. Over the year, buyer behavior began…
A weekend topic starting with the Epoch Times. "The Federal Reserve adopting a loose monetary policy—slashing interest rates and buying Treasurys—for an extended period can lead to 'financial turmoil' several years later, the central bank stated in a new paper.…