A report from the Wall Street Journal. "In an interview, Dallas Fed President Robert Kaplan mentioned mortgage purchases, which he believes contributed to rising home prices, 'these purchases have unintended consequences and side effects.' In an interview with CNBC on…
A weekend topic starting with Kyodo News. "Skyrocketing property prices in South Korea are leaving ordinary people struggling to find affordable housing, especially in the capital Seoul and surrounding areas. A survey showed that the price has come close to…
A report from Mansion Global. "Prices have soared as demand significantly outclips supply. But amid all the excitement, more contracts are also falling through, and many prospective buyers are placing offers sight-unseen, only to back out later. 'There is a…
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,…
A report from the Real Deal. "Theresa Battle’s first thought each morning is whether today is the day she’ll lose her two-story house in Jamaica, Queens, to foreclosure. Battle runs a daycare center out of the property. Like millions of…
A weekend topic starting with Cayman Compass. "More than a year ago, during the midst of a coronavirus lockdown, hardly anyone predicted that property prices in Cayman would continue to rise. For the construction and real estate industry, forecasts turned…
A report from the Beacon Online in Florida. "Volusia County’s overall property values and the tax base have reached new record highs. The real estate market and the tax base are rising, despite the coronavirus pandemic. 'Hotels were hurt. Restaurants…
A weekend topic starting with WFAA in Texas. "In the last 12 months, realtors have seen some home values go up 50% in certain areas — almost 10 to 15 times the normal rate. Dallas realtor Courtney Michalek told WFAA…
It's Friday desk clearing time for this blogger. "Channing Tatum and Jenna Dewan have finally listed their Beverly Hills marital home for $6 million, setting themselves up to face a monetary loss. The former couple initially purchased the home back…
A report from Reuters. "Federal Reserve Bank of Richmond President Thomas Barkin on Tuesday said surging home prices are being driven by a jump in demand and constrained supply but not by excess leverage, reducing the potential risk to the…