Jeremy Grantham, co-founder of GMO mutual funds book, makes the case that we are in a stock market and housing superbubble. He talks about the stock and other markets as being multiple standard deviations from trendlines. He refers to a Read more…
Month: January 2022
In a Case-Shiller release yesterday, the seasonally adjusted nationwide was reported as being 43% above the bubble peak in 2006. Case-Shiller indices are at new all times highs (above the bubble peak) in nominal terms. Adjusting for inflation using CPI less Read more…
The Fannie Mae Home Purchase Sentiment Index (HPSI) suggests that the housing market will soften this year. 26% of respondents said it is a good time to buy a home, town from 29%. 66% percent of respondents say it is Read more…
According to a report by a Florida Atlantic University professor, there are signs that values of multiple cities in the west have peaked. A report by researchers at Florida Atlantic University and Florida International University shows home-price cooling in the Read more…
Take with a grain of salt, of course. It is extremely difficult to predict when asset prices will go down. But he could be right. In my opinion, a lot depends on what the Fed actually does. The Fed often Read more…
Many articles that discuss migration within the United State rely on government census data. The census, while meticulous and very detailed, only happens every ten years so is rarely up to date. U-Haul tracks one way rentals of their trucks Read more…
Some automated analysis websites publish expected rental yields if renting on a short term basis. Some buyers look at nightly figures and underestimate vacancies, repairs, and headaches when guessing at annual net rental income. Other buyers think they can buy Read more…