Real estate

Why Are There So Many Unsheltered Homeless People in California?

Published by Anonymous (not verified) on Fri, 15/06/2018 - 5:41pm in

Try guessing why San Francisco has encampments of homeless people....

How Chinese Investors Inflate Housing Markets in the US, Canada, and Australia, as Governments Try to Stem the Tide

Published by Anonymous (not verified) on Fri, 08/06/2018 - 11:55pm in

How Chinese money is distorting home prices in major cities around the world, and how local authorities are starting to intervene.

Planners Decide On “Siberian Mining City” Look For Sydney

Published by Anonymous (not verified) on Wed, 23/05/2018 - 8:38am in

Planning NSW and Australia’s biggest property developers have announced their new plan for Sydney, with a motif based upon the thriving mining metropolises of the Siberian tundra.

“The look we’re going for is one we call Novosibirsk with ibises,” said Kyle Woodstain, the Minister For Packing People In Like Pringles Chips In A Can. “I don’t normally have much time for the godless communists but you’ve got to hand it to them when it came to creating joyless windswept communities filled with juvenile delinquents and roving gangs of feral cats.”

“We’ve deliberately designed Sydney in a way that will create thousands of jobs,” said the planning consultant Philippa Corinthian. “Admittedly most of these jobs will involve scraping red smears off the sides of buildings that used to be pedestrians before random gusts of wind picked them up and slammed them into the walls.”

Fresh from a fact finding tour of Omsk, Krasnoyarsk and Norilsk, the town planners raved about the possibilities of bulldozing all residences that contain a grain of charm and replacing them with barren courtyards, cheerless roundabouts and gardens full of spiky leaved shrubbery.

“Sydney has a space problem and one way to solve that is to deprive children of sunlight so they grow up smaller,” said property developer Hamish Espieff. “Look, have you ever seen an unhappy sardine? No, me either.”

Peter Green

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Warren Buffett’s Mortgage Companies Engage in Alleged Discrimination Against Minority Borrowers, Violating Fair Housing Act

Published by Anonymous (not verified) on Tue, 08/05/2018 - 5:53pm in

An investigative report suggests that Berkshire Hathaway's mortgage lending operation discriminates against minority borrowers.

Gimme Shelter Q1 2018 Update: Rents and House Prices All at or Near New Extremes

Published by Anonymous (not verified) on Sat, 05/05/2018 - 5:27pm in

Why buying a house looks to be a better deal than renting, even at today's nosebleed prices.

Trump’s Triangle Fire

Published by Anonymous (not verified) on Sat, 28/04/2018 - 2:25am in

The blaze that killed a Trump Tower resident in early April recalls a long of history of developers and corporations putting profit over safety—an ethos that informs not only Trump’s business but his presidency.

Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?

Published by Anonymous (not verified) on Thu, 26/04/2018 - 6:50pm in

Investors have fixated on the rise in Treasury yields. Perhaps they should worry more about what the Fed's rate increases are doing to mortgage rates.

5 Policies That Could Improve Housing for the Renting Generation

Housing has become a more divisive issue than ever, as rising real estate costs and less job stability make buying a house both harder and more fraught. Renters need better protections, but how to get there?

The Market Will Not Fix California’s Housing Crisis

Published by Anonymous (not verified) on Fri, 30/03/2018 - 5:15am in

The real-estate market has long profited by segregating and exploiting low-income communities of color. Expanding its reach will not solve the housing crisis.

A response to Ben Ross.

A Coalition of Necessity

Published by Anonymous (not verified) on Fri, 30/03/2018 - 5:14am in

The YIMBYs pair winning political strategy with an inclusive program that will bring relief to victims of the housing crisis across the board.

A reply to Jacob Woocher and Shanti Singh.