Radhika Desai and Michael Hudson Discuss the Causes and Politicization of Inflation
Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.
Read more...Category Archives: Real estate
How Wall Street Takeover of Rental Market Is Fueling the Homelessness Crisis
New lawsuits allege mega landlords are colluding to keep rents high and units vacant while also embracing surveillance tech to evict tenants.
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Read more...Climate Remedy: State, Local Governments Increasingly Turn to Zoning Reforms
Better late than never: Authorities are starting to use zoning as a way to reduce fossill fuel use.
Read more...Massive Cancellations Make Mess of Already Low New-House Sales. Inventory Glut at Deep Housing Bust 1 Level. Buyer Traffic Plunges
Another thing: inflation. Just when you thought the construction-cost spike was abating, it hit a new record.
Read more...Real Progressives Live with Michael Hudson: The Destiny of Civilization
Michael Hudson explains how financial capitalism won the struggle with industrial capitalism and gave rentiers the upper hand.
Read more...A Brief History of the Mortgage, From Its Roots in Ancient Rome to the English ‘Dead Pledge’ and its Rebirth in America
The backstory of what is now arguably the most widely-used form of lending in principal terms, the mortgage.
Read more...The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China
Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.
Read more...In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse
Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.
Read more...Housing Bubble Woes: Home Prices Drop 3.5%, Steepest Monthly Drop since Jan. 2016. Sales, Already at Lockdown Levels, Drop Further. Active Listings Rise Further
The housing market in the US, not surprisingly, is looking pretty punky.
Read more...New USPS Delivery Network: Radically Cutting Rural Service, Headcount; Likely to Further Slow Delivery
The gutting of USPS is accelerating. A step backwards for what passes as American civilization.
Read more...Tories Create a Hostile Environment for Gypsies and Travellers
Tory policy and legislation on Gypsies and Travellers deprives them of a place to live and targets them with criminal penalties.
Read more...Real Estate Booms Are Behind Europe’s Productivity Divergence
The lack of real convergence between countries in Europe is a major obstacle to the proper functioning of the Euro area.
Read more...Tiny Algae Could Help Fix Concrete’s Dirty Little Climate Secret – 4 Innovative Ways to Clean Up This Notoriously Hard to Decarbonize Industry
Some possible ways to make concrete less of an environmental problem.
Read more...“Housing Recession”: NAHB. Homebuilders Cut Prices as Traffic of Prospective New-House Buyers Plunges, Cancellations Spike
Housing sales and prices continuine on their grim slide.
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