San Francisco Rents Crash Most On Record Amid Mass Exodus
By Tyler Durden A new report confirms what we’ve been talking about since the early days (read: here) of the virus pandemic, that is, an exodus out of…
By Tyler Durden A new report confirms what we’ve been talking about since the early days (read: here) of the virus pandemic, that is, an exodus out of…
By Tyler Durden The number of empty rental apartments in Manhattan has tripled compared with last year, forcing some landlords to become increasingly desperate as they struggle…
By Michael Maharrey You’ve probably heard about the federal government moratorium on evictions. I guess that makes President Trump Landlord-In-Chief. The sad thing is I’ve…
By Tyler Durden A decade ago, Blackstone Group Inc. became America’s largest landlord, purchasing tens of thousands of single-family homes during the foreclosure crisis. Now the…
By Tyler Durden As expected given the new pandemic-driven ‘escape from New York’, the Big Apple’s rental market has witnessed another record plunged for the…
By Tyler Durden As we noted last month, the US housing market is reflecting the extremes of the economy right now – between those who…
By Tyler Durden Wall Street and the Trump administration have been in no rush to acknowledge the deep economic scarring from the virus-induced downturn that is…
By John Vibes Amazon’s Alexa smart home gadgets are becoming more popular by the day, but there are still many people holding out on buying…
By Brad Polumbo In 2012, then President Barack Obama infuriated many Americans when he told business owners “you didn’t build that” and suggested that the…
By David Deerson “You have a situation where people owe eight dollars and they lost their house. How is that equitable?” In a recent unanimous…
By Tyler Durden In an unprecedented move on Tuesday, with Congress unable to reach a common ground on virtually any stimulus extension, the Centers for…
By Tyler Durden Readers may recall last week we outlined the dam of pent up mortgage delinquencies continued to crack, with the share of delinquent Federal Housing Administration’s…
By Tyler Durden Las Vegas is expected to become one of the focal points of the eviction crisis as nearly a quarter-million people could be removed from…
By Tyler Durden Last month we quoted from Wolf Richter to remind readers of something we discussed several months ago when we went over the…