investmentresearchdynamics.com / By David Kranzler / October 23, 2014
Bloomberg notes, for instance, that in the immediate vicinity of One57, three copycat buildings are “rushing” toward completion, and “some real-estate experts warn of an oversupply of luxury dwellings.” Across the river in New Jersey, the story is the same: “Real estate officials are predicting [...]
zerohedge.com / by Tyler Durden on 10/22/2014 17:55
With global growth concerns on the rise, whether a bust in the Chinese housing sector could threaten the economic activity and financial stability of the world’s largest contributor to growth is top of mind for Goldman Sachs. As Michael Pettis warns, “this story only has a few [...]
bizjournals.com / By Bill Hethcock / Oct 21, 2014, 3:01pm CDT
Oil and real estate magnate and deal-maker extraordinaire Nelson Bunker Hunt — whose life took him from billionaire to bankruptcy and partway back — died Tuesday in Dallas at the age of 88.
Born in El Dorado, Arkansas, Hunt lived in Dallas. He was [...]
mauldineconomics.com / BY TONY SAGAMI / OCTOBER 21, 2014
Investing is about piecing together different bits of information into an illustrative picture—sort of a Wall Street version of the connect-the-dots game we played in kindergarten.
That’s why the headline below from Bloomberg made my investment antennae stand up and motivated me to look for either [...]
gold-eagle.com / BY Stewart Thomson / October 21, 2014
While all “systems are go” for the precious metals sector, or at least appear that way, things are substantially more questionable for the world’s stock, bond, and real estate markets.
India’s top central banker, Raghuram Rajan, is highly educated, in both engineering and economics. He’s [...]
arabianmoney.net / 20 October 2014
Property can make or break a market. One of the world’s strongest is London. But as the UK capital’s most valuable real estate gets snapped up, where does it leave Londoners? Is selling off the family silver such a good idea?
Where is everybody going to live? Will locals buy [...]
mises.org / by Joseph T. Salerno / Friday, October 17, 2014
There are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam and may be on the verge of collapse. We will leave aside the question of whether the asset [...]
libertyblitzkrieg.com / Michael Krieger / Oct 15, 2014
In July, I published a post titled, Introducing Ghost Skyscrapers – NYC Real Estate Goes Full Retard, in which I highlighted many of the current absurdities characteristic of Manhattan real estate. Of all the points made, the most striking statistic from the piece is the fact that:
doctorhousingbubble.com / 4 Oct, 2014
There is little arguing that Santa Monica is prime Westside real estate. Some would like to believe that somehow Pacoima, Compton, or Lawndale are somehow new prime markets but there is little dispute that Santa Monica is fairly elite when it comes to SoCal housing. I enjoy Santa Monica and [...]
libertyblitzkrieg.com / By Michael Krieger / Thursday Oct 2, 2014
This is an interesting headline, and one that anyone paying attention to the domestic real estate market should pay close attention to. We know that millennials aren’t the ones buying new homes in America (that market has been cornered by private equity and hedge funds [...]
doctorhousingbubble.com / Dr. Housing Bubble / October 1st, 2014
In ancient home buying times, the vast majority of home purchases came from regular families looking to buy a home. When I say buying, I mean committing to a 30 year mortgage financed by a bank. This was the traditional mechanism of keeping the real estate [...]
lfb.org / BY CHRIS CAMPBELL / SEP 17, 2014
“Many people dream of quitting their job, collecting their bags, and jetting off to a tropical paradise forever,” the CoinDesk blog we looked over this morning reads.
“Many people dream, but few people act. Gregory Simon is one of the few [...]
doctorhousingbubble.com / Dr. Housing Bubble / September 14th, 2014
While the heat wave continues in SoCal drawing out the summer, there is little momentum from the 2013 real estate bonanza. Sellers with their awe inspiring wisdom are finding that no, they simply cannot ask for delusional prices on their stucco box crap shacks. [...]
zerohedge.com / by Tyler Durden on 09/08/2014 14:33
When it comes to the slow-motion cataclysm that is Atlantic City, where as we reported recently the Revel Casino recently filed its second and final liquidation bankruptcy, no other name has seen more bankruptcies than Donald Trump. Or rather Trump Entertainment, because nowadays the [...]
wolfstreet.com / by Wolf Richter / August 29, 2014
Not everyone is irrationally exuberant in my beloved and crazy San Francisco, serial epicenter of magnificent tech and real estate bubbles and their subsequent busts. The trench between those who are benefiting from the bubble and those who’re run over by it as [...]
shtfplan.com / Mac Slavo / August 27th, 2014
At the height of the financial crisis in 2008 the U.S. government forced some of the countries largest banks to take “bailout” funds amounting to billions of dollars in order to keep them from going bankrupt. It was a move designed to not only keep [...]
mybudget360.com / Aug 20, 2014
It was bound to happen. The housing correction in China is now here. It is interesting to hear the various perspectives from people and how China is absolutely different to the point of never being open to property bubbles. The same arguments were made during the Japanese real estate [...]
zerohedge.com / by Tyler Durden on 08/20/2014 13:24
From Jeremy Grantham’s GMO:
We have been writing quite a bit about why asset allocation today is in one of the toughest investing environments we’ve ever encountered. And it’s not just because we think equity markets are overvalued. No, we’ve seen that plenty of [...]
zerohedge.com / by Tyler Durden on 08/19/2014 13:02
Forget Hong Kong, London and New York: when it comes to the pinnacle in absolute real estate insanity – perhaps in all of history – look no further than James Bond’s favorite gambling mecca, Monaco.
It is in this tiny Riviera principality [...]
Senator Elizabeth Warren Questioning Janet Yellen During Senate Hearing on July 15, 2014
wallstreetonparade.com / By Pam Martens and Russ Martens / August 19, 2014
Two weeks ago, Paul Krugman used some expensive media real estate to write a propaganda piece on the unsupportable proposition that the Dodd-Frank financial reform legislation passed in 2010 [...]