Objectively, It’s Suckage From Sea to Shining Sea
Bill Quick

U.S. stocks stage dramatic reversal, erasing rally and raising new fears – The Washington Post “Volatility will remain elevated here in the coming weeks,” said Adam Burch, a market investment director for U.S. Trust. “People have become emotionally engaged and … Continue reading

No Financial Magic Involved At All
Bill Quick

The Housing Market With Nowhere to Go (but Up) – NYTimes.com SAN FRANCISCO — Not long ago the pink house at 1829 Church Street, in the Glen Park neighborhood here, hit the market for $895,000. It sold for $1.425 million … Continue reading

Wanna Live In My Town? Bring Money. A Lot Of Money.
Bill Quick

Lots of new housing in San Francisco, but it’s still not enough – SFGate Soaring housing costs also make San Francisco a tough market for all but the wealthiest residents. Rental prices for a two-bedroom apartment rose 40 percent in … Continue reading

An Interesting Look at Oil Prices Today
Bill Quick

Top 12 Media Myths On Oil Prices Misperception #11: American shale producers are the new swing producers. No, their banks are. Read the whole thing. Takeaway:  They’re headed back up. Like (0) … Continue reading

Why You Should Always Take Megan McCardle With a Truckload of Salt.
Bill Quick

Gentrification Is an Irresistible Force – Bloomberg View because the only place in America that has more renters than homeowners has achieved that by giving lots of renters quasi-property rights in their apartments, which then gives them all the incentives … Continue reading

China Housing Market Go Boom?
Bill Quick

Record Fall In Property Prices Brings More Bad News For China’s Slumping Real Estate Market SHANGHAI — Property prices fell again in most major Chinese cities in February, amid continuing anxiety about the state of the country’s real estate sector. … Continue reading