Inflated Prices, Increasing Rents And Poor Job Prospects

A reader suggested a topic on his circumstance. "Can we have a topic about ME? Gen Y renters unable to buy given the inflated prices, but also facing increasing rents and poor job prospects." A reply, "Patience, Grasshopper. When your elders die off you’ll get all the goodies." Another added, "In...
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Fire Cannot Be Covered With Paper Forever

It's Friday desk clearing time for this blogger. "'I haven't been to a place that had fewer than five or six offers, and some had as many as 20,' said Joe Camicia, a land use consultant in the San Francisco Bay Area who has been shopping for about a year and lost a bid on a San Jose home to an...
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From The Ridiculous To The Subprime

A reader suggested a topic on the Federal Reserve 2007 transcripts. "How about a discussion of why top economic policy makers have such a hard time seeing what at least some mere mortals have trouble missing." The New York Times. "When Federal Reserve policy makers convened in August 2007, one of...
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Playing With Fire

A reader suggested a topic on global bubbles. "I recently took a trip to Qatar and India. Doha (Qatar) had a lot of high rise buildings and more in construction with more than 60 floors each. The surprising thing was that all were empty with no occupants. They are just building like Ghost-towns in...
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The Re-Emerging Frenzy Is Hijacking The Economy

It's Friday desk clearing time for this blogger. "Starts of new houses in the Dallas-Fort Worth area were up almost 48 percent from the fourth quarter of 2011. The number of new homes on the market in North Texas is at its lowest point in 14 years. Where have all the doubters gone? Until recently,...
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