You Haven’t Lost Until You Sell

A report from Bloomberg. "When a parking space in Manhattan costs $136,000 and only 15 percent of San Francisco's homes are affordable for the middle class, it's easy to worry that another housing bubble is around the corner. The vast majority of American homeowners have little to fear: A new gauge...
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An Incorrect Assumption

Bloomberg reports on Texas. "Welcome to Dallas in 2015, a city whose bustling economy is attracting new residents at a rapid pace—and making it increasingly difficult to buy a house. New listings get multiple offers in mere days, said Steve Habgood, president of the MetroTex Association of...
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HBB Fundraising Week

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A Congruence Of Interests Cashing In On The Bubble

A weekend topic on the media and housing bubbles. A curious thing has been happening in Ireland. From RTE News. "An academic who specialises in media analysis has told the Banking Inquiry that, overwhelmingly, the Irish media maintained that there was no bubble and that the boom would eventually...
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A Consequence Of The Euphoric Years

It's Friday desk clearing time for this blogger. "My scientific data gathering techniques have produced evidence of a housing glut in Washington — a saturation of one- and two-bedroom apartments for rent that is having a negative effect on existing condo sales both on Capitol Hill and elsewhere in...
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People Just Don't Want To Hang Onto Those Loans

CBS Denver reports from Colorado. "Real estate brokers say year over year they’re seeing a lack of inventory in the Colorado housing market. Real estate agent Andrew Nagel says some of the brokers in his RE/MAX of Cherry Creek office are astonished by how many offers are going into some resale...
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A Long Way To Go To Be Back To Normal

A report from The Telegraph. "Inflation hit zero for the first time on record in February, sparking concerns that long-term deflation could wreak havoc in a muted UK housing market already spooked by general election uncertainty. Bad deflation - as seen in Japan over the last two decades and now a...
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If Everybody Is Thinking The Same Thing

Reuters reports on Sweden. "Having twice cut rates into negative territory, Sweden's central bank is locked in a high-stakes currency war with the European Central Bank that could stave off deflation but risks creating another property bubble. The danger is that the ultra-loose monetary policy...
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A Lull Before The Storm

A report from the New York Times. "In New York, teens and preteens are becoming savvy connoisseurs of real estate. Perhaps it’s because they’re so utterly at home on the Internet. Perhaps it’s because they’re lured by online images of condo amenities like an indoor pool or a children’s playroom or...
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Sellers Can Have Their Cake And Eat It Too

A housing bubble topic for the weekend, the Hong Kong Standard. "In The Fabulous Decade, a book co-authored by Janet Yellen and former Fed vice-chairman Alan Blinder, she suggests behind the boom of the 1990s were monetarism combined with fiscal discipline. The book was published in 2001, therefore...
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