Learned Helplessness: Of Roaches, Restaurant Vents, and Reality
A worrisome case study of helpless and inaction in New York City tenants.
Read more...Category Archives: Real estate
Housing Is a Human Right—Here’s How to Make It a Reality
e federal government has enables the private market to profit from housing. Time for a public option for housing?
Read more...Is 4% the “Magic Number” for Mortgage Rates to Prick the Housing Market (and Stocks)?
Is the housing market about to hit a tipping point?
Read more...On-Time Rent Payments Sag Amid Massive Spike in Rents
Rents are up a lot in most places in the US of any consequence. Not all tenants are keeping pace.
Read more...The Great Amazon Land Grab – How Brazil’s Government Is Turning Public Land Private, Clearing the Way for Deforestation
At the U.N. climate summit in 2021, 141 countries – including Brazil – signed a pledge to end deforestation by 2030. Yet land grabs continue to place the Amazon ecosystem at risk.
Read more...The Saker Interviews Michael Hudson
Yves here. Michel Hudson, in this short talk with The Saker, debunks many widespread misperceptions about the dollar, the US economy, and the prospects for fundamental change. I have only a couple of teeny quibbles and a further thought. Hudson discusses private equity buying up single family homes. While that was a very big trend […]
Read more...Construction Costs Spike 17.5%, Worst Since at Least 1965. Inventories of New Houses Pile Up, Highest Since 2008. Median Price Dives as Mix Shifts
A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.
Read more...Judge Rules CalPERS Violated Bagley-Keene Open Meeting Act by Holding Improper Closed Session After Ben Meng Resignation
CalPERS got a bloody nose in court. Maybe the board will wise up and behave better in the future.
Read more...Foreclosure Looms for Homeowners Who Thought They’d Won, Thanks to Top New York Court Ruling
Foreclosure suits from the financial crisis era get a new life thanks to a ruling by a conflicted New York judge.
Read more...Net Zero, Insulation, Boilers, and English Dampness, or Symbol Manipulators Versus Existing Conditions
The English gas boiler as a microcosm of Anglosphere elites’ inability to come up with realistic carbon reduction schemes.
Read more...Jim Chanos: China’s “Leveraged Prosperity” Model is Doomed. And That’s Not the Worst
Famed short-seller Jim Chanos is more concerned with political fallout from China’s Evergrande than economic/financial woes.
Read more...New Report Highlights Corporate Funding of Police Foundations, Which Encourage Police Militarization and Thwart Reform
Corporations funnel significant funds to anti-reform police foundations, while publicly supporting PR campaigns for police reform.
Read more...Incomes Got Chewed Up by Inflation. Americans Spent Heroically on Goods, But Not on Services. Eviction Moratoriums & Forbearance Implicated
Consumers have made big changed to their spending patterns in response to inflation.
Read more...Michael Hudson and Thomas Piketty Debate Inequality, Debt, and Reform
Thomas Piketty and Micheal Hudson address “What is debt,” and also address inequality, rentierism, and reform in the West and China.
Read more...Can China’s Outsized Real Estate Sector Amplify a Delta-Induced Slowdown?
Whether by accident or design, the implosion of China’s Evergrande will take some air out of its inflated real estate sector. What then?
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