We all know how deeply San Francisco rents and home prices are tied into the dot com economy. Check out this chart showing San Francisco rents versus the Nasdaq. Maybe there is something to this… Hat Tip The Atlantic.
Sometimes conventional wisdom is flat wrong. Here are five reasons why you should sell your home now instead of waiting until the Spring. 1. Little Competition. It doesn’t matter if there are few buyers as long as there a lot fewer listings. High demand and low supply create a great time to sell, regardless of what […]
Guest post from Charles Hugh Smith. Does carefully nurturing a facade of health actually lead to health? No; all it does is perpetuate a destructive illusion. The policy of the Status Quo since 2008 boils down to this assumption: if we prop up an artificial economy long enough, it will magically become real. This is an […]
Stock markets are up big today on the news of a Euro-zone agreement on Greek bailout. Know that none of the fundamental problems have actually been solved. Felix Salmon shares this chart: This, ladies and gentlemen, is how the sausage gets made — it’s yesterday’s eurozone rescue plan, as presented by an unidentified adviser to […]
Bank of America is tumbling today. The anarchist in me would love to see them completely collapse.
His prognosis is pretty much the worst-case scenario, and one that readers here should know is possible. But what’s really amazing about this video is the brutal honesty of this guy. Wow. Watch, and share. “It’s gonna crash…and it’s gonna fall hard.”
With the stock market looking more and more dangerous, investors are looking for other places to put their cash. Is now the time to invest in real estate?