We’re starting to see signs of deflationary pressures in the westside housing rental market. A quick tour of some notable westside rental markets over the last week, including the LA neighborhoods of Venice, Mar Vista, and Palms, as well as regions of Culver City, has illustrated to me how different things are from even twelveContinue reading “Westside Rental Market – Where Have all the Renters Gone?”
Category Archives: The Market
Netting = Doomsday Machine
I just heard that through the use of something called “close-out netting” our finance gurus basically turned our economy into a doomsday machine that could do nothing but self-destruct. Wonderful.
Wall Street sells off, S&P 500 at 11-1/2 year low
The Feeling at the Top of the Drop
A few moments ago, I had a very tiny epiphany regarding my feelings about the current mood of the global economy; it reminded me of that feeling one has at the beginning of the ride on a roller coaster as one is about to crest the first, and generally highest, of all the drops. TheContinue reading “The Feeling at the Top of the Drop”
Andrew Lahde
So cool. Out of all this mess, the most successful of all the hedge funds was operating five blocks from my office, right here in Santa Monica. I probably walked right by the office on my way to lunch at Daily Grill. The guy who ran it wrapped things up and shut it down becauseContinue reading “Andrew Lahde”
