Bay Area Real Estate Trends

If too much debt is the problem, then more debt probably isn’t the solution, regardless of how low the interest rates are Mr. Bernanke. Joe Weisenthal shares: This chart of household debt to income shows how high we are on a historical basis (even though it’s come down a bit) and how much deleveraging there [...]

While the bubble itself has popped, we as a society remain driven by the same greed and egomania that got us into trouble in the first place. We are traveling the down same road as before, in the same direction. Despite the warning signs and mounting debts, we still think this is the road to [...]

Michael Lewis has written a fantastic article in Vanity Fair about the fiscal troubles facing cities throughout California, specifically focusing on San Jose and Vallejo. The housing bust has decimated city budgets – but Lewis clearly articulates how the real problems go back decades and are, in fact, cultural at the root. The part of [...]

Interesting article in MarketWatch by Brett Arends: Massive default is best way to fix the economy There’s a way to do it. Fast. And relatively simple. But you’re not going to like it. You’re not going to like it at all. Default. A national Chapter 11 bankruptcy. The fastest way to fix this mess is [...]

The cost of a college education has increased exponentially over the last 30 years thanks to easy college loans, increased grants, and the housing bubble.

In Spain, where home prices have fallen 22 percent with another 20 percent drop expected, new accounting rules will force banks to make provisions for bad loans after 12 months instead of the 72 months as it sits now.