libertyblitzkrieg.com / Michael Krieger / Nov 20, 2014
The interesting thing about America in 2014, is that the worship of our own domestic criminals just doesn’t cut it anymore. In order to ensure our celebration of corruption is crystal clear to the entire planet, our “leaders” have eagerly opened the floodgates to criminals […]
zerohedge.com / by Tyler Durden on 11/14/2014 20:59
With Wall Street having bid real estate prices to the moon in the US (and become Spain’s biggest slumlord), and handed them happily over to willing Chinese ‘get-my-money-out-of-China’ buyer greater-fools, it would appear the Chinese (having colonized America) have found a new more attractive place to […]
zerohedge.com / by Tyler Durden on 11/13/2014 14:36
When it comes to the fair value of assets, especially cash-flow generating real estate, few are as qualified to opine as the man dubbed “World’s Richest Restaurateur”, billionaire Tilman Fertitta, chairman of Landry’s Restaurants which counts among its properties such brand names as Morton’s, Rainforest Cafe, Bubba […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, NOVEMBER 11, 2014
What happens to local governments when the economy rolls over?
Though we’re constantly reassured the “recovery” that’s stumbled for five years has years of strong growth ahead, history suggests the “recovery” is due to roll over. Few recoveries last longer than 5 or 6 […]
libertyblitzkrieg.com / By Michael Krieger / Nov 11, 2014 at 10:29 am
He describes to a roomful of local officials from across the state how Las Cruces police officers waited outside a bar for a man they hoped would walk out drunk because they “could hardly wait” to get their hands on his 2008 Mercedes, […]
bullionbullscanada.com / by Jeff Nielson / 10 November 2014 13:49
For the past two years (more or less) readers have read warnings that a horrific economic collapse is brewing across the Western world. It will be the final collapse for these regimes, as none of these economies will be able to survive this coming cataclysm […]
doctorhousingbubble.com / Dr. Housing Bubble / November 3rd, 2014
The latest figures from the National Association of Realtors show that both buyer and seller traffic declined substantially to start the fall selling season. The assumption was that the mania of 2013 would carry forward and slapping on a faux hardwood floor would suddenly add $50,000 […]
teapartyeconomist.com / taxfoundation.org / October 28, 2014
Each year, the Tax Foundation rates states in terms of business taxes and personal taxes. If you want to start a business, where should you live?
If you want to buy real estate as an investment, where should you live?
If you want to live where your kids […]
zerohedge.com / by Tyler Durden on 10/26/2014 21:48
Willem Middlekoop, author of The Big Reset – The War On Gold And The Financial Endgame, believes the current international monetary system has entered its last term and is up for a reset. Having predicted the collapse of the real estate market in 2006, (while Ben Bernanke […]
zerohedge.com / by Tyler Durden on 10/24/2014 19:31
With The Royals and The Giants flip-flopping scores like an HFT-trader on FOMC day, we thought a glance at the two teams’ local real estate markets might give some context for who comes out the weekend the winner… As RealtyTrac notes, the San Francisco Giants may have […]
libertyblitzkrieg.com / Michael Krieger / Oct 24, 2014
Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.
But as old contracts expire, dozens of people have received demands for […]
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 […]