Tags » Housing Bubble

What White Flight Looks Like Today

Below is a letter/article I submitted to my local community paper for publication.  After some back and forth, the paper decided not to publish it, at least in its current form, for reasons that are not worth reciting here.  542 more words

Personal

PHL's housing bubble: On raising the value of your houses

Raising your children in a condominium or an apartment is difficult, but raising the value of your houses is way more difficult, but would give you wonderful results. 316 more words

House price boom continues as Islington bucket sells for £310,000

London house prices continued their spiral into madness today when a bucket in Islington sold for £310,000. Described by Renfield estate agents as “a compact and funky urban living space” they urged potential buyers to “snap this bargain property up and live in style in an ultra-modern home with vibrant colour scheme and two handles.” 152 more words

Evening Harold

China's real estate malaise drags on as home prices fall again

China’s housing bubble continued to deflate in July, with a third straight monthly decline in the price of new homes.

The National Bureau of Statistics said… 368 more words

Finance

GOLDMAN: Here's The Simple Reason We're Probably Not About To Have Another Huge Crash | Business Insider

From Joe Weisenthal:

Historical analysis of past big busts done by top economist Jan Hatzius and Sven Jari Stehn shows that while there is growing risk of a stock market drop because of the big rally we’re missing one of the key preconditions needed for a true bust: high credit growth.

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US & Canada