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Housing Bubble

Where 'Back-to-School' Means Private School

Jed Kolko | Posted 08.19.2014 | Education
Jed Kolko

One way or another, good schools cost money. Private school tuition can easily exceed monthly housing costs, but home prices in top-rated public school districts are 32% above the local average.

Robert Rubin and Martin Feldstein Discover Bubbles

Dean Baker | Posted 08.18.2014 | Business
Dean Baker

There you have it: two extremely prominent political figures who got rich off the housing bubble, now taking time from their busy schedule to call on the Fed to raise interest rates and destroy millions of jobs. In the "show no shame" contest, this looks like a real winner.

Cutting Housing Costs When Financial Hardship Strikes

Jed Kolko | Posted 08.08.2014 | HuffPost Home
Jed Kolko

In good economic times as well as in bad, financial hardship can always strike. And when it does, people might have to cut back on housing, which is typically the largest household expense. However, cutting housing costs involves hard tradeoffs.

The Recession's Lost Generation of Homeowners Isn't Millennials - It's the Middle-Aged

Jed Kolko | Posted 08.08.2014 | Business
Jed Kolko

While the housing market is clearly improving, with four of the five key indicators of the housing recovery from our Housing Barometer at least halfway back to normal, it looks like the recovery is happening even without much improvement in first-time homeownership. Does that mean the housing recovery isn't for real? Not so fast.

Cheap Talk at the Fed

Dean Baker | Posted 07.21.2014 | Business
Dean Baker

Federal Reserve Board Chair Janet Yellen made waves in her Congressional testimony last week when she argued that social media and biotech stocks were over-valued. She also said that the price of junk bonds was out of line with historic experience. By making these assertions in a highly visible public forum, Yellen was using the power of the Fed's megaphone to stem the growth of incipient bubbles. This is an approach that some of us have advocated for close to twenty years.

Millennials Are Suburbanizing, While Big Cities Are Having a Baby Boom

Jed Kolko | Posted 06.27.2014 | Business
Jed Kolko

Between 2012 and 2013, population growth for 20-34 year-olds was highest in Colorado Springs and San Antonio, while Austin and Raleigh were tops for 5...

Housing Recovery Shakes Off Early-Spring Slump, According to Trulia's Housing Barometer

Jed Kolko | Posted 06.27.2014 | Business
Jed Kolko

For the first time during the housing recovery, 4 out of 5 Housing Barometer measures are at least halfway back to normal. But young adults are still struggling to get jobs.

Bubble Watch: Home Prices Still Undervalued, But Not For Much Longer

Jed Kolko | Posted 06.27.2014 | Business
Jed Kolko

Home prices now look 3% undervalued compared with long-term fundamentals. Of the 100 largest metros, 76 are undervalued while just 7 are more than 10%...

Baby-Boomer Downsizing? Perhaps Not So Fast

Jed Kolko | Posted 08.13.2014 | Business
Jed Kolko

While the share of 50- to 69-year-olds living in multi-unit buildings rose slightly in 2012 and 2013, the long-term trend among older households shows...

6 Seller Secrets for This Summer's Real Estate Market

Michael Corbett | Posted 07.15.2014 | HuffPost Home
Michael Corbett

Each year, it seems the housing market takes on a different tone. Sometimes it's going to be a sellers' market with inflated prices and bidding wars, and sometimes a buyers' market with tons of choices and low prices.

The Housing Recovery Needs More Than Just Rising Prices

Jed Kolko | Posted 07.09.2014 | Business
Jed Kolko

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and lo...

9 Striking Similarities Between the Housing Bubble and The Higher Education Bubble

Michael B. Fishbein | Posted 05.31.2014 | Business
Michael B. Fishbein

It's amazing how many similarities there are between what happened in housing and what's happening in higher education. Considering the causes and outcomes of the housing bubble may help inform what might happen in higher education.

Housing Barometer: Recovery Staggers Forward

Jed Kolko | Posted 05.27.2014 | Business
Jed Kolko

Trulia's Housing Barometer shows that 4 of the 5 key housing indicators improved over the past year: prices, the delinquency+foreclosure rate, non-dis...

Bubble Watch: Local Worries, National Calm

Jed Kolko | Posted 05.27.2014 | Business
Jed Kolko

Trulia's Bubble Watch reveals whether home prices are overvalued or undervalued relative to their fundamental value by comparing prices today with his...

Here Are The 10 Cheapest Housing Markets In America

The Huffington Post | Mark Gongloff | Posted 03.25.2014 | Business

This may sound hard to believe, but it is still possible to buy a bargain house in the United States today. You may need to be willing to relocate to ...

Here's Possibly The Worst Financial Advice Ever

The Huffington Post | Mark Gongloff | Posted 03.20.2014 | Business

Little by little, the crazy is returning to financial markets. Borrowing money against your overpriced home in order to gamble in the stock market ...

Terrible Feature Of The Housing Bubble Makes A Comeback

The Huffington Post | Mark Gongloff | Posted 03.17.2014 | Business

If you missed out on the housing bubble and the chance to gamble away your financial future, fear not: Banks are giving you a chance to get in on that...

The Limits of the Fed and the Right to a Job

Aaron Pacitti | Posted 04.30.2014 | Politics
Aaron Pacitti

For the past 35 years economic policy has abandoned its responsibility to create full employment. The group of economists that occupy dominant positions of power no longer seriously consider and fail to promote policies that will provide jobs to the unemployed.

Student Loans: The Home Mortgage Crisis Redux

Andrew Woodman | Posted 04.22.2014 | Business
Andrew Woodman

This has all the makings of a bubble and when it bursts, it will hobble students' ability to borrow for college. Reforms are needed, but there is very little political will and talk of bubbles never penetrates those inside the bubble.

Heart Attacks, Depression and Suicide: The Toxic Fallout From the Foreclosure Epidemic and a Prevention Strategy That Just Might Work

Jeff Ritterman, MD | Posted 03.12.2014 | Healthy Living
Jeff Ritterman, MD

I worked for 30 years as a cardiologist in Richmond, and I have always seen the city's problems through the health lens. What can a focus on health teach us about Richmond's foreclosure crisis? What is the impact on the health of families and neighborhoods?

Zach Carter

Matt Taibbi: 'Deceptive' Subprime Lending Is Reason For The Financial Collapse

HuffingtonPost.com | Zach Carter | Posted 01.23.2014 | Politics

Bankers weren't the villains of the 2008 financial crisis: they were victims of Washington's foolish affordable housing fixation. Or at least that'...

Trouble Brewing Again

Reuters | Posted 01.26.2014 | Business

By Peter Rudegeair Nov 26 (Reuters) - U.S. borrowers are increasingly missing payments on home equity lines of credit ...

Is the Housing Boom in Phoenix Creating Another Bubble?

Anita Verma-Lallian | Posted 01.25.2014 | Business
Anita Verma-Lallian

The current market portends a promising future for growth of Phoenix. We have survived one of the worst real estate recessions of all times, and now we are moving into time of expansion for housing. In a state that sees sunlight 85 percent of the year, the future of Metro Phoenix's housing market is just as bright!

Home Prices Simmering, Not Bubbling

Jed Kolko | Posted 01.23.2014 | Business
Jed Kolko

Trulia's Bubble Watch reveals whether home prices are overvalued or undervalued relative to their fundamental value by comparing prices today with his...

Credit Crisis: Five Years Past or Five More in the Making

Michael Pento | Posted 11.17.2013 | Business
Michael Pento

Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy. In fact, most are celebrating the belief that the complete collapse of the American economy was avoided. However, it is much more accurate that the Great Recession was only temporarily mollified.