Archive for August, 2011

Real Homes of Genius – The bubble city of Santa Monica. When shadow inventory dominates prime cities and foreclosures still sell for $739,000 and are listed with 935 square feet.


The internalization of toxic loans and the growing cracks in the shadow banking economy – Half of 7 million California home owners are baby boomers. Who will they sell to in the future?


Till debt do us part – financial collapse foreshadows second collapse in housing. Million dollar troubles in Beverly Hills. 2 million tax filers disappear in latest tax data.


Bubble university. Student loan accounts now match up with the number of auto loan accounts in the U.S. Future American home buyers will be hampered by massive student loan obligations and growth of for-profit education.


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