Tag Archives: real estate

Economic Headwinds from Real Estate Moderate

Written by Steven Hansen This week we have seen various real estate releases.  What these releases are whispering is that the headwinds are abating – but in perspective, the real estate industry remains a mere shadow of its former self.  … Continue reading

Posted in Home Sales and Home Prices, Weekly Economic Summary | Tagged , , , , , , , , , , | 2 Comments

Mortgage Settlement Plan is More Bank Bailout

Guest Author: Yves Smith, author of the best seller “Econned” and founder of the widely read blog Naked Capitalism, where this article first appeared with the title:  Quelle Surprise! Taxpayers Will Be Paying for Part of Mortgage Settlement The whole … Continue reading

Posted in Banking News | Tagged , , , , , , , | 3 Comments

Real Estate: Not the Big Overinvestment Problem in China

by Michael Pettis Before starting on the subject of debt I wanted to make a quick reference to something sent to me by Charles Horner, a senior fellow at the Hudson Institute. I am glad to say that the overinvestment … Continue reading

Posted in China, macroeconomics | Tagged , , , , , , , | 4 Comments

What is Dubai’s Secret?

The World Economy Stalls; Meanwhile Dubai Bounces Back: So what’s The Secret? by Guest Author Andrew Butter One of the few interesting things about Dubai is that it serves as a barometer for economic activity that happens largely outside of … Continue reading

Posted in Energy, International Economic data, macroeconomics | Tagged , , , , , , , , , , , | 1 Comment

Incentives and Debt in China

Michael Pettis says that what matters is the level of debt, whether or not its growth is sustainable, and the kinds of contingent structures that are embedded. He argues that all three measures are worries in China. Continue reading

Posted in China | Tagged , , | 1 Comment