The Housing Bubble Blog

A report from Bloomberg on Denmark. "Danes shouldn’t expect any help from the central bank to save the economy from an overheated property market. Lars Rohde, the governor of Denmark’s central bank, says there can be no creative use of monetary policy to reflect risks to the property market,...

The Tech Times reports on Florida. "While luxury condos may not be a novelty, a Miami-based developer is poised to take things up a few notches — by offering a luxury condominium that is only meant for cars. Even though the luxury building in question in downtown Miami will have a social club...

A report from CTV News Vancouver in Canada. "Dozens of Metro Vancouverites gathered downtown Saturday to demand government action on the region’s housing affordability crisis, calling for a crackdown on money laundering. Speaking at the rally was Christine Duhaime, a lawyer who specializes in money...

An Economic Letter from the Federal Reserve Bank of San Francisco. "The collapse of an asset price bubble usually creates a great deal of economic disruption. But bubbles are hard to anticipate and costly to deflate. As a result, policymakers struggle to determine how they should respond, if at...

It's Friday desk clearing time for this blogger. "Housing in major cities in China has seen price hikes over the last year that resemble the famous Dutch 'Tulip Fever' bubble of 1637, according to economic consultancy firm Longview Economics. 'I think what's going on in China is troubling ... some...

A report from the Wall Street Journal. "We wonder if this crop-sciences marriage would ever have happened if not for a bushel of Beltway policy mistakes. For Monsanto owners, selling to Bayer provides a premium of 44% over Monsanto’s closing share price on the day before Bayer first proposed a...

The Orange County Register reports from California. "The market for Orange County's existing housing isn't slowing down. Well, unless your selling a home for more than $2 million. ReportsOnHousing publishes an intriguing benchmark of the local market's selling speed, a 'market time' barometer that...

A report from Domain News on Australia. "The apartment boom of the past four years is on a precipice and approvals will drop by more than 50 per cent in the downturn, a property research house predicts. Highrise building will hit a peak in the 2017 financial year as every capital city except Sydney...

My Valley News reports from California. "There’s a flipside to the housing affordability 'crisis' in communities across California: rising values in the Inland Empire are giving many homeowners a reason to tap into their equity and spend money, according to local data released by the California...

The Business News Network reports from Canada. "When Vancouver native Gabrielle Phyo and her husband searched for a home on Bowen Island, B.C. earlier this year, little did they realize that the money they set aside as a down payment would be insufficient in just a matter of months. Phyo and her...

A report from the Real Estate Journal. "Developers are expected to add more apartment units across the United States this year than they have in the last decade, according to RENTCafe. According to the company, more than 320,000 new apartments are expected to be completed in 2016. That is a jump of...

A report from the New Zealand Herald. "Auckland property speculators are on-selling homes on the same day of purchase for huge profits, sometimes without even setting foot inside. Incredibly, one Auckland house was sold three times in a single day with its value surging by nearly $80,000 in less...

A report from Golf Digest. "The headlines for golf’s health, notwithstanding Tiger Woods’ declaration that he intends to take the game up again competitively next month, have been disturbing. 'Golf is back in the Olympics. Too bad no one plays it anymore,' a Washington Post headline said a few...

The Globe and Mail reports from Canada. "Demetre Lazos says he couldn’t just stand by and watch real-estate speculation, as he puts it, destroy his city. Convinced that his boss, a local speculator, was dodging taxes and misleading lenders, he decided to act, approaching both the police and the...

The San Francisco Chronicle reports from California. "We’ve heard it over and over as people lament the high price of housing in the city: that the theory of supply and demand doesn’t apply when it comes to the San Francisco real estate market. Tell them that in South of Market. SoMa, and...

A report from Market Watch. "While the days of 'NINJA loans' (no income, no job, no assets) are for the most part gone from the American mortgage marketplace, at least one housing think tank says the pendulum has now swung too far in the other direction and made it harder for many Americans to get...

It's Friday desk clearing time for this blogger. "Even with another hint of a late-summer cooling in home prices, the Seattle area real-estate market has still gotten so intense there often aren’t enough inspectors and appraisers to keep up with the demand. That’s creating extra risk and cost for...

The Real Deal reports from New York. "One57, the alpha dog of the last residential boom, now has its tail firmly between its legs. 'Escape from New York,' an LLC that purchased a pad at Extell Development’s signature project for nearly $32 million in 2014, has gone into contract to sell the pad at...

A report from the Australian. "Australia’s biggest apartment builder, Harry Triguboff’s Meriton, is expecting more buyers to forfeit their deposits and fail to ­settle off-the-plan units, saying the strong rate of settlements so far had been underpinned by two years of ­surging prices. The rapid...

A report from the Corn and Soybean Digest. "One critical aspect of this economic downturn in agriculture is the possibility of increased risk with larger farms. The financial plight of many larger producers is not measured by acreage or livestock numbers, but by farm net income. My good friends at...