Housing price bubble and inflation risk

Grok Headline matches for Housing price bubble and inflation risk

Pop Goes the Global Housing Bubble

Pop Goes the Global Housing Bubble 06/17/2005 04:21 PM
The Global Housing Price Bubble is bursting. Prices are already declining in Australia and Britain. The Economist has another story that outlines how a global bursting of this bubble could be deleterious to the world's economy. The bubble is bigger than the stock market bubble of the late 90s. Will there be a smooth landing or will spending collapse when it cannot be funded on housing price gains?

Annals of the Housing Bubble

Annals of the Housing Bubble 05/21/2004 10:01 PM

Mercury News (reg req): Median home prices pass half-million mark. The median price of resale houses sold in the Bay Area reached $520,000 last month -- the first time that figure has exceeded the half-million point.

Lunacy.

Housing Bubble, Continued

Housing Bubble, Continued 04/11/2004 01:19 PM

Mercury News: As offers pour in, cutthroat market a boon for sellers. The fast-paced, competitive nature of this spring's Bay Area housing market has participants and observers alike speculating on the reasons -- particularly after three years of severe job losses.

The story goes on to offer all the usual reasons, such as a shortage of houses and low interest rates. But there's another very good explanation: rampant speculation of another kind, inducing panic buying like the kind that occurred in the stock market in the late 1990s. This is a bubble that will deflate eventually. It's happening elsewhere, as this NY Times story notes today. The mania will end here, too, and it'll be ugly.

Freddie Mac: No Housing Bubble

Freddie Mac: No Housing Bubble 07/30/2004 12:20 PM
Salim Haji gets the scoop on why Freddie Mac believes that the U.S. real estate market today is rational.

Who Cares About the Housing Bubble?

Who Cares About the Housing Bubble? 04/13/2004 10:07 AM
A swig of Pepto and a small perspective shift is overdue.

The Housing Bubble, Continued

The Housing Bubble, Continued 06/19/2004 12:14 PM

Mercury News (reg req): Economy boosts valley home prices. The median price of a home in Santa Clara County reached $590,000, up 20.2 percent from May 2003, according to DataQuick Information Systems. A total of 2,149 resale houses changed hands in the county last month, a nearly 30 percent increase from a year earlier.

It's much more than the economy at work here. It's a mindless, dangerous bubble that shows what a short attention span human beings have when they are infected with greed and/or panic. This particular news story ends witha local public defender who found a lender that offered a "zero-down" loan -- that is, loaned the full selling price with no down payment. I can understand the borrower's motive, though I think it's an incredibly risky move, but the bank making this loan is just irresponsible. So is the real-estate industry that promotes this kind thing, but that's par for the course. Of course, the lender will now push this mortgage into the national market, offloading it to some other company. This is how we have such liquid markets, and the system was a boon in the past, greased as it has been by the likes of Freddie Mac and Fannie Mae, the giant federal home-loan operations that act as though they have the full faith and credit of the U.S. taxpayer behind them even though they do not. But it is not sustainable, yet nobody in power dares mess with this machinery. What we'll see eventually, if we don't find a way to slowly deflate this bubble, is a massive collapse of the housing market that will in turn spark a severe recession. The truly scary scenario, still not the most likely but growing in probability every day, comes when falling prices for housing lead to massive collapses in the financial industry. But if that occurs, the Fannie Maes and Freddie Macs and the money-center banks with big exposure will be considered too big to fail. We taxpayers will bail them out to the tune of several trillion dollars, an amount that'll make the S&L bailout of the 1980s seem tiny. And the only way that will work will be to re-ignite inflation on an absolutely massive scale, because the only way to make it work will be to ratchet up the money supply in unprecedented fashion. This is a bubble. It will deflate. If it doesn't deflate gently, the nation is in for the worst kind of pain.

The Housing Bubble Builds

The Housing Bubble Builds 07/08/2004 02:12 PM
The real estate market remains strong despite rising interest rates.

Housing market: Will the bubble burst?

Housing market: Will the bubble burst? 06/15/2004 04:59 AM
The Bank of England says house prices could be unsustainable and interest rate rises may hit owners. Send us your reaction.

Housing bubble fears 'overblown'

Housing bubble fears 'overblown' 06/23/2004 06:15 AM
Concerns that the booming buy-to-let business could cause a house price crash are overblown, a new survey says.

Housing Bubble News: Adjustable Rate
Mortgages Stretch Borrowers

Housing Bubble News: Adjustable Rate
Mortgages Stretch Borrowers 05/16/2004 12:21 PM

Reuters: Popular ARM loans can misfire for some homebuyers. "Those stretching to get into a home by using that (ARM) as a tool but haven't planned ahead are going to get into trouble," warned Douglas Duncan, chief economist at the Mortgage Bankers Association.

So why are Duncan's members enticing borrowers so ardently with ARM-based loans? This is like the credit-card industry, which whines about delinquent consumers but does everything in its power to sign up new customers who will have trouble paying.

Price Index Dips, Easing Inflation Fears
(AP)

Price Index Dips, Easing Inflation Fears
(AP) 09/10/2004 09:28 AM
AP - Wholesale prices dipped 0.1 percent in August as a retreat in food costs helped to blunt a rise in the price of some energy products, a fresh sign that inflation isn't currently a problem for the economy.

"Housing price data from Consumer
Reports; shows what's overvalued and
undervalued, etc."

"Housing price data from Consumer
Reports; shows what's overvalued and
undervalued, etc." 04/14/2005 03:59 PM

IMF warns of high oil price risk

IMF warns of high oil price risk 04/13/2005 01:35 AM
The International Monetary Fund says continued volatility in oil prices poses an "increasing risk" to economic growth.

Internet firms 'at risk from BT price
hikes'

Internet firms 'at risk from BT price
hikes' 09/01/2004 03:12 PM
Business Europe Sep 1 2004 6:41PM GMT

Google's high stock price means high
risk for investors

Google's high stock price means high
risk for investors 08/01/2004 06:47 AM
Ljworld.com - Sun Aug 1, 08:32 am GMT

Bubble or no bubble, that is the
question

Bubble or no bubble, that is the
question 04/14/2004 09:13 AM
"The real estate bubble's gonna pop!" You seem to hear that all the time... But dig deeper and you find that other people don't even think there's a bubble. Others think there's a bubble, but it's gonna keep growing. Then, just to make it interesting, you've got others who said the bubble was going to pop back in 2002. Why is first-time home-buying this friggin' difficult?!

read the article carefully dumbass..it
mentions the price in Rs..and it says
its the STREET PRICE!!

read the article carefully dumbass..it
mentions the price in Rs..and it says
its the STREET PRICE!! 09/08/2004 01:14 AM
TechTree Sep 8 2004 5:56AM GMT

Stealth Inflation

Stealth Inflation 12/04/2003 02:19 PM
prostoalex writes "The New York Times on the Web explores the topic of incorrect bills and numerous surcharges with names like 'assessment', 'handling', ...

Inflation rises to 5.57 PC

Inflation rises to 5.57 PC 12/28/2003 05:27 AM
Deepika Global Dec 28 2003 3:33AM ET

Prices Come Down But Inflation Up At 6.5
PC

Prices Come Down But Inflation Up At 6.5
PC 07/23/2004 05:58 PM
Financial Express Jul 23 2004 10:33PM GMT

i-Buddie USB 2 HDD Housing

i-Buddie USB 2 HDD Housing 11/18/2003 11:34 AM
vnunet.com Nov 18 2003 10:29AM ET

In The Broadband Battle Between Speed
And Price, Customers Choose Price

In The Broadband Battle Between Speed
And Price, Customers Choose Price 12/09/2003 03:39 PM
Back in October we noted that DSL and cable providers were trying to differe ntiate themselves from each other. The DSL providers were focusing on being the low cost provider, while the cable guys wanted to be the high speed providers. At the time, we pointed out that this was likely to backfire on the cable companies. People like the speed of broadband, but for most applications there's a "good enough" speed - and many people want it more for the always on connection than the speed itself. It's looking like we were right. The latest study shows that, despite cable's commanding lead in the US, many more people are signing up for DSL these days because of the lower price. It's the basic "good enough" argument. What DSL offers is good enough for what most people want to do with their connections now. Also, the speed difference is minimal right now. You don't get that much faster speeds with cable, and there's not much you can currently do with that extra bandwidth. It used to be that people would sign up so they could download songs, but the music industry is cracking down on that enough that it's become less of a draw for many subscribers as well.

New Forecast Says Inflation May Get
Worse (AP)

New Forecast Says Inflation May Get
Worse (AP) 05/24/2004 07:52 AM
AP - Fed by escalating energy prices and a rebounding economy, inflation will pick up more this year than previously thought, a group of economic forecasters says.

No compassion in housing proposal

No compassion in housing proposal 09/22/2004 10:33 AM
Funny, we didn't hear any of the Republicans who used New York City as the backdrop of their convention last month talking about the administration's plans to fo rce poor families to either pay hundreds of dollars in extra rent or go homeless. But we're sure George Pataki, Michael Bloomberg, and Rudy Giuliani are going to talk to their Republican friends in Washington and take care of this pronto.

Inflation Still Far From Worrisome
Levels (AP)

Inflation Still Far From Worrisome
Levels (AP) 03/26/2005 07:42 PM
AP - The latest inflation scare to grip Wall Street isn't by itself a good reason for equity investors to take cover, analysts say. Instead, they recommend looking for companies that have pricing power — the ability to pass on their higher costs to customers.

Essay: How to End Grade Inflation

Essay: How to End Grade Inflation 05/03/2004 06:54 AM
suggests .. diving

nytimes.com/2004/05/02/magazine/02ESSAY.html
track this site | 4 links

Inflation still far from worrisome
levels

Inflation still far from worrisome
levels 03/27/2005 02:46 AM
Seattletimes.nwsource.com - Sat Mar 26, 07:08 pm GMT

UK inflation rate jumps to 1.9%

UK inflation rate jumps to 1.9% 04/19/2005 06:51 AM
The annual rate of UK inflation rises to a greater-than-expected 1.9% in March, its highest level for nearly seven years.

the inflation of the american dream

the inflation of the american dream 04/29/2004 04:31 PM
lies, damned lies, and made-up statistics

UK housing boom continues

UK housing boom continues 04/29/2004 05:01 AM
House prices have picked up again, rising by 2.1% during April, but may cool in the second half of the year says the Nationwide.

finally, affordable housing!

finally, affordable housing! 03/17/2005 03:20 AM
Build a huge house for only $782?! Low-cost housing for the masses! Unfortunately, you have to travel back in time to build houses for less than $1000. How many of these homes are in your town or on your block? (courtesy of J-Walk)

Dow Down 43 After Drop in Housing Starts
(AP)

Dow Down 43 After Drop in Housing Starts
(AP) 02/18/2004 08:15 PM
AP - A drop in housing starts and a rally in the U.S. dollar on currency markets sent stocks lower Wednesday as the news gave investors an incentive to collect profits.

Nailing the Housing Market

Nailing the Housing Market 03/22/2005 06:34 PM
KB Home reports excellent first-quarter results. But investors beware.

UK inflation slows down in August

UK inflation slows down in August 09/14/2004 05:26 AM
Cheaper clothes prices contribute to a surprise fall in consumer price inflation in August to 1.3%, official figures show.

So Why Are Housing Prices Still Rising
Here?

So Why Are Housing Prices Still Rising
Here? 03/08/2004 11:18 PM
SF Chronicle: Offshoring's giant target. Jobs are more likely to be shipped overseas from Silicon Valley than any other region in the nation, placing the Bay Area's economic engine directly in the path of the global freight train known as offshoring.

The latest inflation gauge

The latest inflation gauge 07/25/2004 09:08 AM
Chicago Tribune Jul 25 2004 12:14PM GMT

Dow Ends Down 99 on Inflation Concerns
(AP)

Dow Ends Down 99 on Inflation Concerns
(AP) 01/04/2005 05:31 PM
AP - New concerns about inflation from the Federal Reserve drove stocks sharply lower Tuesday, adding to a spate of profit-taking that erased nearly a month of Wall Street's gains in the first two sessions of 2005.

Greenspan: Fed May Up Rates on Inflation
(AP)

Greenspan: Fed May Up Rates on Inflation
(AP) 07/20/2004 02:27 PM
AP - Federal Reserve Chairman Alan Greenspan said Tuesday the central bank is prepared to raise interest rates more quickly if inflation suddenly worsens.

New inflation report is due this morning

New inflation report is due this morning 06/16/2004 12:32 AM
Seattletimes.nwsource.com - Tue Jun 15, 01:22 pm GMT
Grok Description matches for Housing price bubble and inflation risk
GrokA matches for Housing price bubble and inflation risk

Housing price bubble and inflation risk

The following phrases have been identified by the grok system as matching this entry: