Tags » Housing Bubble
Comparing the growth of the number of full time jobs versus the growth in new home sales starkly illustrates both the horrible quality of new jobs, and how badly ZIRP has served the US economy. 276 more words
China's housing bubble is starting to look a lot like the US before the crash - Elena Holiday April 2016
China’s property market is staging a major turnaround as property prices in tier-1 cities have heated up quickly over the past few months.
For the first quarter, residential prices in Shenzhen are up nearly 80% year-over-year, while those in Shanghai were up by roughly 65%, according to figures cited by Capital Economics analysts. 81 more words
When something goes wrong, human instinct is to assign blame, and to someone who is not us. “It wasn’t me, Mom. Billy did it.”
I recalled this truism a few weeks ago when… 898 more words