When people tick off the components of the “everything bubble” they usually omit US housing, for a couple of reasons. First, bubbles don’t normally recur
You’d think the previous decade’s housing bust would still be fresh in the minds of mortgage lenders, if no one else. But apparently not. One
Housing bubbles proceed in fairly predictable stages. Stage One is long and (initially) slow, fueled by excess central bank money creation or foreign demand or
Home prices are still rising pretty much everywhere in the US, with California as usual leading the way. State-wide, the median CA home is now
The early stages of a housing bubble are fun for pretty much everyone. Homeowners see their equity start to rise and feel smart for having
Today’s Wall Street Journal is profiling an orthodontist who has $1 million in student loans, is paying less than the interest that’s accruing, and because
This cycle’s main bubble is in government bonds and fiat currencies, with a dash of large-cap tech thrown in for variety. But like a hurricane
Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies. Still, the warning signs are
Last week I ran into a friend whom I’d been worrying about. He’s a real estate appraiser and his work had been drying up as
Intel is buying chip maker Altera. Charter is buying Time Warner Cable. All the big drug makers are buying all the mediums-sized ones. Great news,
In his book The Postcatastrophe Economy, iTulip’s Eric Janszen notes that financial bubbles don’t repeat. That is, yesterday’s bubble is never tomorrow’s because hot money
They say that one sign of creeping old age is that memories from past decades are more vivid than those from past days or weeks.
Back during the previous bubble the “Real Estate Bust” breaking news section at DollarCollapse rocked: Tons of fresh links with apocalyptic titles and lots of
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