Will New Required Reporting of $3 Trillion of Debt Crimp Big Cos, Private Equity?
A geeky accounting change in liability reporting may have real world consequences.
Read more...Category Archives: Real estate
Wolf Richter: How Much Money Laundering is Going On in the Housing Market? A Lot
Treasury is starting to get serious about money laundering in high end residential real estate.
Read more...Trump’s and Hensarling’s Fact-Free Attack on Dodd Frank
Debunking Republican canards about Dodd Frank.
Read more...Bill Black: New York Times’ Andrew Ross Sorkin Tries to Make Hank Paulson a Hero
As part of reviewing Obama’s legacy, Bill Black eviscerates how Sorkin’s book tried to exhonorate Hank Paulson for his crisis performance.
Read more...Chinese Mortgages Tighten Fast
Chinese mortgages, which have been the driver of credit growth, are now hard to get. Is this just a short-term tightening?
Read more...How Obama Framed Trump with Faux Mortgage Insurance Rate Decrease
There are many things for progressives to criticize Trump about. The Obama mortgage deduction sleight of hand isn’t one of them.
Read more...The Obama Administration Bails Out Private Equity Landlords at the Expense of the Middle Class: Government Guarantees for Rental Securitization
So how much did Blackstone promise to give to the Obama library for this huge grift, um, parting gift? As regular readers may recall, private equity firms piled into buying foreclosed single family homes on the belief that if the government (in this case, Fannie and Freddie) was selling, they wanted to be buying. And […]
Read more...More on the Economic Hardship of Young Adults
Young adults have had a very rough go and don’t have good reason to expect their economic condition to improve much.
Read more...Gaius Publius: The Elephant in the Room Is a Donkey (Reflections on Kamala Harris)
An incident from the history of newly elected senator Kamala Harris, known in California for being an opportunist even by political standards.
Read more...The Global War on Cash – India’s Demonetization Debacle
India’s demonetization debacle has destroyed growth in what was the world’s fastest growing economy while failing to ferret out black money.
Read more...Deutsche Bank Wins in Stare-Down With Department of Justice Over Mortgage-Backed Securities Liability; Credit Suisse Also Settles While Barclays Holds Out
Deutsche came off well in a mortgage settlement with the DoJ, while Barclay’s decision to fight doesn’t look so smart.
Read more...Wolf Richter: Is it Just Trump Tower? Or is the Entire New York City Housing Bubble Unwinding?
To what degree is Trump Tower a canary in the coal mine for New York City’s residential real estate market?
Read more...Michael Hudson: How Debt-Driven Home Price Increases Shafted Homeowners
Michael Hudson debunks the myth that rising home prices are always a boon to homeowners.
Read more...China’s Insanely Leveraged Housing Market Will Enter Its Secular Bear Market In 2017
Why China’s fabulously leveraged housing market may finally be on the verge of a long-anticipated implosion.
Read more...The Return of the Repressed Critique of Rentiers – Veblen in the 21st Century
This is Naked Capitalism fundraising week. 1039 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in financial realm. Please join us and participate via our Tip Jar, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve […]
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