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Monthly Archives: April 2006
Bernanke & the Bubble
Everyone wants to know how new Fed Chief Bernanke will handle what his predecessor coined as the "housing bubble". Here’s one take: Centre Daily Times | 04/24/2006 | Goldilocks economy yields to Jekyll-Hyde. Another quarter-point rate hike at the Fed’s … Continue reading
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New Paper from Brookings Institution Points to Bubble Formula
Here’s an excellent story that covers a new paper being put forth to estimate whether there is a "bubble" in a particular market. Here’s the germ of the story, "Is there a bubble? Do the math": They concluded that not … Continue reading
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Iceland Bubble
If you’ve made a recent investment in Iceland, you may brace yourself for a grimace. With a population on a par with a midsize city and a gross domestic product of around $10.3 billion, or just below that of Rwanda, … Continue reading
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More Naysaying in Los Angeles: No Housing Bubble
So, yeah, either the LA portion of the bubble is just puffing for a louder poof or there ain’t no bubble as of Spring 2006. Housing Prices in L.A. Aren’t Letting Up – Los Angeles Times. If this is a … Continue reading
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cbs2chicago.com – Analysts: Chicago Home Prices On The Rise
Here in my hometown of Chicago, we’re as confused about the presence of froth as much as any one else: cbs2chicago.com – Analysts: Chicago Home Prices On The Rise. (Medill News Service) CHICAGO Is there a housing bubble? Are Chicago … Continue reading
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Awesome Photo Essay on the San Diego Condo Market
Here’s a funny photo essay on a party/ condo sales event in downtown San Diego. Here’s the more deluxe kitchen if you buy a 2 bedroom unit. It even comes equipped with 1 above the counter cabinet unit and a … Continue reading
Some homeowners struggle to keep up with adjustable rates – Yahoo! News
Here’s a window into the possible future of our variable housing bubble: Some homeowners struggle to keep up with adjustable rates – Yahoo! News. For 45 years, Robert and Lorraine Brown have lived in their ranch-style home in Florissant, Mo. … Continue reading
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