Housing Bubble

Steep and sudden price reductions are being felt in real estate markets in Shanghai and across China. Indicators suggest that the 'biggest bubble of the century' may have just burst.

December 30, 2011 - Foreign Affairs

Some economists are warning that China's building boom is actually a bubble that is soon to burst.

August 10, 2010 - Der Spiegel

The Korean Housing Institute claims that housing prices are more inflated in Korea than they've ever been in the States, and prices have begun to fall precipitously.

July 7, 2010 - The Korea Times

Economist Edward L. Glaeser takes a look at how the housing bubble has affected changing populations in the Sun Belt.

January 16, 2010 - The New York Times

As housing costs rise in China, a TV soap opera about the housing hunt has become a runaway hit. And while many in the growing country are concerned about the high cost of housing, some economists fear a burst of the bubble.

December 31, 2009 - The Globe and Mail

Those of us whose professional lives are inextricably linked to the real estate development economy in one way or another have had plenty of time in the last year to twiddle our thumbs and attempt to figure out what the heck happened. This much we know — there was a housing bubble some places, it burst, and the economy collapsed. Have you ever slipped and fell – one those unexpected spectacular aerial feats where your feet fly out from underneath you, you look down your legs and see your toes at eye level pointing to the sky, and you say to yourself “this is really going to hurt when I land”? That’s what this year has been like for many, some of whom are still waiting to hit hard because they had projects in the pipeline and they are grinding their way through “inventory” of unfinished work. Plus, we started from a high plateau. Wall Street types call the unexpected but apparent life in the market during the first part of a recession “dead cat bounce” which Forbes defines as “a temporary recovery from a prolonged decline or bear market, after which the market continues to fall.” Even a dead cat dropped from a very high place will bounce a little when it hits the ground…

November 30, 2009 - Dwight Merriam

This article from High Country News dissects the Arizona real estate collapse through the lens of one exurb.

April 26, 2009 - High Country News

This article from The New York Times looks at how Clinton-era tax breaks helped create the housing bubble.

December 20, 2008 - The New York Times

Figures recently released by the Census Bureau offer a glimpse at the pre-existing economic situation that led to the burst of the housing bubble.

December 12, 2008 - The Seattle Times

The bursting of the housing bubble may be tied to rising gas prices, according to one economist.

May 5, 2008 - The Oregonian

A new reports says high gas prices have contributed to falling house prices in the nation's suburbs.

April 30, 2008 - The Oregonian

Dean Baker of the Center for Economic and Policy Research (CEPR) chastises those whom he calls the "homeownership ideologues" for promoting homeownership to lower income households.

April 22, 2008 - Truthout

J.P. Morgan's federally-back purchase of Bear Stearns holds billions in dubious "mortgage backed securities," and Fannie Mae and Freddie Mac are pumping hundreds of billions into the market. Time may be running out for the Federal Reserve.

March 20, 2008 - The Huffington Post

In Miami, speculators inflated the housing market by buying and flipping condos. Now with the market deflating and a host of condo towers still under construction, Miami may be the worst major real estate market in the world.

March 16, 2008 - The Globe & Mail