THE WOLF STREET REPORT – How the next housing bust might unfold – the best-case scenario.

Wolf Richter,

“THE WOLF STREET REPORT” is my new podcast. It’ll appear weekly right here on WOLF STREET. It’s where I discuss a topic in depth for 10-20 minutes.

In this inaugural edition, I ask: As higher interest rates hit the housing market over time, what will that do to banks and in particular to shadow banks that now originate over half of all mortgages? And what will the Fed do?

“101 new listings, 101 price reductions.” Read…  Red Ink: Housing Inflects Further in Bay Area’s Sonoma County