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…
An editorial from Jonathan Miller in Forbes. "When the Covid-19 crisis began half way through March, the Manhattan housing market was placed on 'pause,' as were many housing markets around the country. That was the beginning of the problem this…
A weekend topic on this Politico article. "With millions of suddenly unemployed homeowners expected to seek relief on their mortgage payments, a libertarian regulator is standing in the way of the federal government using its most powerful weapon to stave…
A report from the Wall Street Journal. "As the novel coronavirus causes turmoil in property markets, some of the most risk-hungry real-estate lenders are starting to come under pressure. Funding debt investments with bank loans has allowed REITs and debt…
A report from News.com.au in Australia. "Deloitte Access Economics’ latest Business Outlook noted average dwelling prices in Sydney had risen by about $3000 per week in September. Melbourne experienced a bounce of about $2500 a week. Deloitte noted that 'Australia…
An editorial from the Merced County Times in California. "Lest anyone forgot, Merced was the poster-child for the American sub-prime mortgage nightmare (2007-2010). In the end, Merced housing and commercial real estate collapsed with some of the highest foreclosure rates…
A report from Realtor.com. "The postcrash price growth might actually be higher than most thought. Home prices shot up a cumulative 50% over the past decade, from June 2009 through May 2019, according to CoreLogic. Wages also rose over the…
An editorial from Savannah Morning News. "This summer marks 10 years from the end of the worst recession since the Great Depression. In the years before the recession, those of us who warned of looming dangers were often dismissed as…