The Housing Bubble Blog

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Readers suggested a topic on the economy. "The velocity of money, as measured by M2, just touched on a level last seen when I was a wee lad. Here is the graph posted a day or so back. One thing I recall about the period from 1966 through 1982 is that it was not exactly a joy ride for those US...

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Post off-topic ideas, links, and Craigslist finds here.

It's Friday desk clearing time for this blogger. "This month, the three-bedroom bungalow, circa the 1960s and without much updating, sold for $421,800 over the asking price, where similar detached houses typically sell for just short of $900,000. The bungalow at 300 Dudley Ave. was listed at...

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A report from the Star. "At 158 structures, Toronto has more skyscrapers and condo towers under construction than any North American city. The three runners-up combined – New York, Chicago and Miami – have 94. Expect prices in admittedly overheated Canadian markets – conspicuously the GTA and...

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Post off-topic ideas, links, and Craigslist finds here.

The LA Times reports from California. "Attracted by an abundance of foreclosures and aided by interest rates near record lows, renovators are giving distressed properties a makeover. They're then reselling them to young professionals priced out of nearby Echo Park and Silver Lake. Adam L. Bauer and...

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Post off-topic ideas, links, and Craigslist finds here.

Readers suggested a topic on loans in default. "Design a 'fair' way to undo a bad loan made by a bank. Here’s my shot. And, for the record, I’m not talking law here, or not exclusively. I’m talking fair within a framework of a contract. And lets assume for the exercise that the bank actually owns...

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Post off-topic ideas, links, and Craigslist finds here.

It's Friday desk clearing time for this blogger. "Three hundred acres planned for 249 luxury-view homes high in the foothills of Corona were purchased in foreclosure for $3.5 million. Steve Cameron, president and founder of Foremost Communities, said the project was one of the most sought-after in...

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Post off-topic ideas, links, and Craigslist finds here.

Post off-topic ideas, links, and Craigslist finds here.