Real estate

Amazon Drops New York City Headquarters Plan in a Snit

Published by Anonymous (not verified) on Fri, 15/02/2019 - 9:20pm in

Does the testy abandonment of its New York City "HQ2" scheme mean we've hit Peak Amazon?

Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble?

Published by Anonymous (not verified) on Thu, 31/01/2019 - 1:55am in

China gets a cold and California real estate gets pneumonia.

Kamala Harris Tells Big Lie: That 2012 Mortgage Settlement Was a Good Deal for Homeowners

Published by Anonymous (not verified) on Thu, 10/01/2019 - 7:30pm in

Kamala Harris' supposed big accomplishment, of getting California a better deal in the 2012 mortgage settlement, isn't anything to boast about.

Wolf Richter: Housing Bubble Trouble in Silicon Valley & San Francisco

Published by Anonymous (not verified) on Wed, 09/01/2019 - 1:55am in

Housing is going pear-shaped in California tech-land....and you can't blame it on a tech bust.

Michael Hudson: The Vocabulary of Economic Deception

Michael Hudson gives a wide-ranging interview, discussing the importance of euphemism in obscuring power relationships and exploitation.

Short-Term Rentals and the Housing Market: Evidence from Airbnb in Los Angeles

Published by Anonymous (not verified) on Thu, 20/12/2018 - 6:32pm in

Confirming Airbnb's effects on rentals and home prices.

Wolf Richter: “Severe Collapse” of Home Prices Might Trigger a “Financial-Institution Crisis” in Australia: OECD Frets about the Banks

Published by Anonymous (not verified) on Wed, 12/12/2018 - 8:49pm in

Australia looks to be on the verge of a nasty unwind of its housing bubble. A plunge would damage not only its banks but also retirement funds, since banks play an outsized role in the Australian stock market.

Don Quijones: Wall Street Mega-Landlord Blackstone Turns Screw on Spanish Government & Property Market

Blackstone is a major operator in the Spanish property market. This post discusses the Spanish government's plans to enact modest protections for tenants by reforming rent laws. Will the government respond to tenant needs, or give way to the private equity firm’s implicit threat to reduce its Spanish property investments? Alas, it looks likely that the government will fail to deliver on its reform pledge.

When the Middle Class Lost Its Wealth

Published by Anonymous (not verified) on Sat, 17/11/2018 - 1:55am in

Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.

AOC Rental Woes a Reminder of Worsening Conditions for Workers

Published by Anonymous (not verified) on Mon, 12/11/2018 - 7:27pm in

Rising rental costs put a spotlight on how it is even harder than ever for ordinary workers to get by.