3 Stories of the Invisible Economic Recovery: 40,000 Inmates Released or 40,000 Potential New California Home Buyers? Banks increase Revenues by Overdraft Fees. The Ultimate Invisible Jobs Recovery. » Dr. Housing Bubble Blog.
Tag Archives: California
THE GREAT AMERICAN BUBBLE MACHINE
Note: THE GREAT AMERICAN BUBBLE MACHINE was originally published in Rolling Stone. For whatever reason Jann “Yawn” Wenner hasn’t put a digital copy online. That may change. Fortunately there is a scanned copy in PDF form. Finally an OCR copy has been made and posted by – of all people – an SA goon namedContinue reading “THE GREAT AMERICAN BUBBLE MACHINE”
Ladies and Gentlemen: The Pay Option ARM
I often attempt to explain to friends and family, in simple and straightforward terms, the basic mechanism of the pay options adjustable rate mortgage. I often feel that I’ve done a poor job in this effort. Fortunately, I’ve found other who have done a much better job at this. Dr. Housing Bubble (www.doctorhousingbubble.com) is aContinue reading “Ladies and Gentlemen: The Pay Option ARM”
Left turn gone awry
I’d just like to take this moment to remind everyone that in California vehicles turning left always have the least right of way. Way to go, Palms! Together we’re making the intersection at National and Overland worse and worse with each passing day!
It’s a renter’s market
In addition to the general dearth of housing properties that has been created in the So Cal real estate market over the last five years, there is also the specter of decreasing demand. As the unemployment/underemployment rate in Los Angeles hovers near 20% people are leaving California faster than they are arriving and we mayContinue reading “It’s a renter’s market”
QuantumTom 