“Warren’s Eviction Bill Is Economically and Politically Savvy”
Why Warren’s eviction bill, which calls for a one-year eviction freeze, does not go far enough to save homeowners, tenants, and businesses.
Read more...Category Archives: Real estate
Lots of Brain-Dead Misreporting About the Case-Shiller Home Price Index this Morning
No, Case-Shiller is not yet a reflection of home prices during the Pandemic. Be patient.
Read more...Pandemic-Emptied Hotels Could Become Affordable Housing, City Officials Suggest
Potentially thousands of vacant hotel rooms in New York City alone are ripe for conversion into permanent residences, deputy mayor, housing groups and hotel owners agree.
Read more...Grenfell Tower Fire: Third-Year Anniversary (Non-)Progress Report
Some progress on Grenfell Tower: Remediating apartment blocks, ongoing inquiries, regulatory proposals. But not nearly enough. And then there’s the potential IT boondoggle. They were careless people, Tom and Daisy…
Read more...Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich
Michael Hudson gives a detailed, if sobering, account of the outlook for the economy.
Read more...US Commercial Real Estate Prices Plunged in April, Mall Prices Collapsed
Looking at the bloodbath in commercial real estate…..and worse is almost certainly in store.
Read more...Modigliani Meets Minsky: Rising Inequality and U.S. Household Debt Since 1950
Yves here. This short piece looks at some of the intuitions about the relationship between rising household debt levels and increasing inequality. And they sure do look to be connected! By Alina Bartscher, University of Bonn, Moritz Kuhn, Professor, Department of Economics, University of Bonn and Moritz Schularick, Professor of Economics, University of Bonn. Originally […]
Read more...Retail Bankruptcies, Bailouts Put Spotlight on Private Equity
Private equity turned a lot of retailers into tenants….and now landlords are a big impediment to the survival of many businesses.
Read more...Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse
Once fat and happy Airbnb landlords are now in a world of hurt.
Read more...The Use and Abuse of MMT
Using government spending power to bail out financiers and rentiers makes a travesty of MMT.
Read more...AirBnB Has Been Rocked by COVID-19. Do We Really Want To See It Recover?
AirBnB is a flagrant rule-breaking disruptor. Is it worth it to try to bring it to heel now, or is it beyond redemption?
Read more...Revillaging: Looking to Our Roots as We Redesign Towns and Cities
Revillaging as a way to improve communities by improving daily life.
Read more...Housing Insecurity, Homelessness, and Populism: Evidence from the UK
Cutting subsidies for private rental housing did not do much to reduce overall spending or lower rents but caused a lot of pain.
Read more...This Philadelphia Refinery Is the Country’s Worst Benzene Polluter. Trump Wants To Keep It Open
Trump-aided behind-the-scenes shenanigans may keep a horrifically toxic refinery in business.
Read more...So, You Want To Live Tiny? Here’s What To Consider When Choosing a House, Van or Caravan
Discussing tiny house considerations.
Read more...