By Michael Snyder We never seem to learn. Over a decade ago, our leaders created the biggest housing bubble of all time, and when it…
By Chris Melore Home affordability is so out of reach right now that two out of five Americans think they’d need to win the lottery…
By Mac Slavo Regional banks are trying to unload commercial real estate loans as a new banking crisis is unfolding. Regional banks are attempting to…
By Tyler Durden Just before the pandemic, the average home price in the U.S. was $313,000 – a figure that has since jumped by 40% to $436,800…
By Tyler Durden The Home Depot is cashing in on the tiny house craze as millions of Americans are priced out of homes due to…
By Michael Snyder What is going to happen to our banking system as trillions of dollars worth of commercial real estate loans go bad? Many…
By Jack Elbaum If one needed any more proof that rent control laws suppress investment in new housing, then it is not necessary to look…
By Tyler Durden Today in “why, again, do we need inflation?” news, a brand new study by SmartAsset reveals that in several U.S. cities, earning as…
By Tyler Durden In the first quarter of this year, home foreclosures surged, as reported by property data firm Attom. Following a two-year lull, pandemic-related housing…
By Tyler Durden Big cities like Hong Kong or Los Angeles are well known for their expensive real-estate markets. But, as Statista’s Katharina Buchholz notes,…
By Charles Hugh Smith And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining back to the starting point…
By Michael Snyder Everyone can see the slow-motion train wreck that is unfolding right in front of our eyes, but nobody has a plan to…
By Michael Snyder What will our financial system look like once the 20 trillion dollar commercial real estate industry implodes? You might want to start…
By Tyler Durden Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time…