Still Mortgaged To The Hilt

A report from the Star News. "A survey of Australian non-retail, small and medium enterprises last week showed a sharp decline in business confidence over the past six months. Eighty-three per cent of the businesses surveyed were experiencing cashflow problems, with 77 per cent worried their...
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Naive Beliefs And Misplaced Fears

Readers suggested a topic on the latest Federal Reserve action. "Another morning but with a fresh dose of QE3. So what do we see from this recent injection and how it will impact our lives?" One asked, "In addition to how it affects the economy monetarily anf fiscally, I would also like to see a...
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It Is Price That The Borrower Is Getting Married To

It's Friday desk clearing time for this blogger. "Lack of housing inventory to feed consumer demand is a growing concern in San Diego County and statewide, a chief housing economist told local Realtors. Leslie Appleton-Young, with the California Association of Realtors, said competition for homes...
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Equity And Truth

A report from the Tennessean. "Williamson County is known for its expensive housing stock, yet new homes coming onto the market are still smaller and cheaper than they were five years ago. In some cases, a developer would file for bankruptcy and when its developing neighborhood was later bought out...
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A Wile E. Coyote Moment

A report from the San Francisco Chronicle. "Foreign buyers are an increasingly potent force in residential real estate in the Bay Area, as well as nationally. Foreign buyers plowed $82.5 billion into U.S. homes for the 12 months ended in March, up 24 percent from $66.4 billion the year before,...
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The Malinvestments Policies Inspire

Readers suggested a topic on the finance system and bubbles. "Let’s talk about the Wall Street/Bankster corruption machine that led to all the problems we have seen in this country and around the world since 1998. The stock bubble and the housing bubble were the result of Federal Reserve and Wall...
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