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via Zerohedge: The Fed loves to tell us how necessary and vital inflation is for economic prosperity, but in the case of midtown Manhattan’s “prime” retail real estate, it is … Read more
via CNBC: Lyft, Zoom and Pinterest all priced above their marketed range, while Uber is prepping for what will be this year’s biggest IPO, seeking a $100 billion price tag. … Read more
via CNBC: Houston and San Francisco are separated by two states, approximately 1,934 miles and about four-and-a-half hours in the air. Still, a Houston-based law firm thinks a long-haul commute … Read more
the party is over — all those poor millennials who bought overpriced homes t.co/PdiQ4GkuFX — Alastair Williamson (@StockBoardAsset) October 19, 2018 The boom-bust cycle seems to be entering the bust … Read more
via @OccupyWisdom : 🏠 US #mortgage applications decreased to lowest in 2.5 years 🏠 US mortgage applications for refinancing are at lowest in 17.5 years 🏠 Share of refinancing smallest share since … Read more
by Umar Farooq Why are traders so obsessed with the upsides of a Trump presidency when the downside risks seem just as big? For all his pro-business promises, the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Commercial Property Bust to hit Multifamily Rentals in San Francisco & New York, the Most Expensive Markets in the World Two reports – one on the … Read more
by Tim Price On March 30, 1999, the Wall Street Journal’s front page headline blasted the good news across the world: “Dow Industrials Top 10,000” The day before, the all-important US … Read more