
2012-06-16 12:57:57 Brave new world Like an isolated manic phase before an all-encompassing flameout, the real estate bubble looks increasingly like a symptom of larger long-term economic forces at work. The recession wiped out nearly two decades of Americans' wealth as if it had never existed, resetting the clock of economic progress for poor and middle class Americans to 1992. (The wealthiest Americans, of course, saw their net worth increase.)
Recent news of the stabilization of housing prices sound increasingly like news that we're simply becoming competent water-treaders. The market has transformed into something much harder than it has been since the 70s recession, although arguably it's been headed that way the whole time, buoyed by credit and lies. |
Blog Archive
2016-03-04 11:45:30Utah #16 in Hottest Markets 2016-03-03 11:34:02 Utah's Hot Housing Market 2016-03-02 13:52:07 Things to do in Salt Lake City 2016-03-02 13:45:04 Utah in Top 100 Places to Live 2014-09-04 16:42:43 Housing Conditions Improve 2014-08-14 14:25:49 Environmental Changes and Real Estate 2014-06-20 13:03:48 MAY REPORTS SHOW MAJOR LACK IN CONFIDENCE 2014-04-11 17:05:58 First Quarter Mortgage Reports 2014-04-04 16:06:08 Job Losses in the Recession 2014-03-05 17:16:05 The Effect of Student Loans on Housing Recovery 2014-02-21 14:49:12 Delinquency & Foreclosure Rates DOWN!! 2014-01-30 16:25:31 December Existing-Home Sales 2014-01-17 14:33:06 Housing Shortage 2014-01-03 14:34:19 Mortgage Rates Continue a Slow Climb 2013-12-20 16:27:42 Home Equity in 2013 2013-12-13 14:50:50 Expected Decline in Mortgage Delinquency Rate 2013-12-06 10:59:57 Consumer Sentiment 2013-11-27 16:59:46 Median Sales Price Comparison 2013-09-27 12:05:54 Housing Recovery Report 2013-07-26 11:26:21 Utah Employment Report Dec 2012-May 2013 2013-06-21 13:34:32 May Unemployment 2013-06-14 16:14:57 Jobs Created Report 2013-05-10 14:20:25 55+ Housing Market Sharp Increase Q1 2013-05-03 16:31:00 Q1 2013: The Reports Are Out!! 2013-04-26 09:54:32 Single Family Residences as Rentals: Rate Increase Click here to see ALL articles. |