Housing Bubble

Mauldin: It's A Bonfire Of The Absurdities

"...there is a growing number of ridiculous, inane, and otherwise nonsensical absurdities that fill the daily economic headlines... I have gone from the occasional smile to scratching my head now and then to 'WTF' moments several times a week."

Why Australia's Economy Is A House Of Cards

"For over a quarter of a century our economy mostly grew because of dumb luck... As a whole, the Australian economy has grown through a property bubble inflating on top of a mining bubble, built on top of a commodities bubble, driven by a China bubble....Unfortunately for Australia, that “lucky” free ride is just about to end..."

The Unbearable Slowness Of Fourth Turnings, Part 1

"Don’t think you can escape the Fourth Turning the way you might today distance yourself from news, national politics, or even taxes you don’t feel like paying. History warns that a Crisis will reshape the basic social and economic environment that you now take for granted. The Fourth Turning necessitates the death and rebirth of the social order..."

Is There A Housing Bubble In Your City?

Like Bubble 1.0, house prices in the most lofty regions have been driven for years by “non-end-users” SPECULATING on rentals, second/vaca homes, and flipping – riding a wave of cheap & easy credit, liquidity & leverage – believing prices always go up.

The Biggest Ponzi In Human History

"So no, there’s no way out. My best guess is the first country to deal with this in an aggressive manner will be the -relative- winner. All others are goners..."