The Housing Bubble Blog

Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.

A Pre-Existing Over-Exuberance

The Montreal Gazette reports from Canada. "In hockey-crazed Montreal, the Habs brand has been used to sell everything from school lunch boxes, to home insurance. But even with ownership perks like the chance to skate once a year at the Bell Centre, are Habs fans really willing to pay more than $500...
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The Economy Is Unlike Anything Previously Seen

Readers suggested a topic on adapting to the economic conditions. "It’s been about 4 years now since the “recession” has officially been over. We’ve had Stimulus, Harp, HAMP, QE1, QE2, TWIST, ROLL AND STUMBLE…… Endless bailouts and games played by the financial crooks on Wallstreet and K street....
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When The Easy-Money Punch Bowl Goes Dry

It's Friday desk clearing time for this blogger. "Real Estate Institute NZ sales figures for May show Auckland residential values were up 7.8 per cent on last year, setting a new record median of $500,000. The increase in the number of sales compared to last May was 27.6 per cent. QV issued...
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California Is Different

The Ventura County Star reports from California. "Legislators have approved the Homeowner Bill of Rights. The first-of-its-kind bill package passed the Assembly and Senate on Monday. It will become law Jan. 1 if Gov. Jerry Brown signs it, and he's indicated he will. Thousand Oaks Realtor Judy...
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Whatever Became Of Those Green Shoots?

Readers suggested a topic on the current economy. "Whatever became of those green shoots?" A reply, "Ah, the failure of 'Capitalism' (note that it’s between quotes, lest I be accused of being a commie). Never has the world created so much wealth (goods and services) while those who produce it...
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When We Know When It's Going To End

It's Friday desk clearing time for this blogger. "The housing dreams of families wanting to live in central Toronto will undergo a sea change in the coming decade as the supply of detached homes dwindles and the remaining ones soar in price, real estate experts say. 'If you want to live in central...
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