Archive for the 'southern-california-housing' Category

Reversal of real estate fortune – How option ARMs went from low grade toxic mortgages to boon for home debtors and banks. Financial generosity of moral hazard.


Why the American dream is only a dream for most – Rent versus buying a home analysis in Culver City. Why it makes sense to rent in bubble cities and why the mainstream press fails to mention household incomes.


Bargain hunting in Beverly Hills and the 90210 zip code – A place for under $500,000 in the 90210? When the housing crash hits aspirational neighborhoods.


The Southern California housing spring that never was. Median price for a Southern California home falls by 8 percent year-over-year. Sales collapse by 17 percent pointing to future problems.


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