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Housing Bubble

Robert Shiller: Address Income Gap, Tie It To Tax Rate (Video)

The Huffington Post | Posted 11.02.2009 | Business

Read More: Taxes, Income Gap, Recovery, CEO Pay, Executive Pay, Shiller, Housing, Economy, Martin Wolf, Fareed Zakaria, Housing Crisis, Recession, Consumer Confidence, Mortgage, Zakaria, Bailout, Finance, Bernanke, Banks, Bubble, Robert Shiller, Housing Bubble, Business News

The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...

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Campaign Asks Bankers To Donate Bonuses To Homeowners Risking Foreclosure

BusinessWeek | Chris Palmeri | Posted 10.30.2009 | Business

Read More: Charity Christmas Gifts, Financial Crisis, Foreclosure, Homelessness, Bank Bonuses, Housing Bubble, Business News

Economist and writer Katerina Alexandraki has launched a creative idea for easing the housing crunch this holiday season. She's asking Wall Streeters ...

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FHA: The Next Housing Bubble? Lawmakers Worry Agency Is Creating Another Boom

latimes.com | Jim Puzzanghera | Posted 10.09.2009 | Business

Read More: FHA Loans, Federal Housing Administration, Mortgages, Fha, Home Prices, Housing Bubble, Real Estate, Mortgage Crisis, Business News

Reporting from Washington - In the wake of the mortgage meltdown, the Federal Housing Administration has emerged as a pillar of the still wobbly housi...

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Progressives and the Budget Deficit

Dean Baker | Posted 09.28.2009 | Business

Read More: Health Care Reform, Deficit, Budget, Federal Budget Deficit, Economic Crisis, Housing Bubble, Business News
Dean Baker

There seems to be a bipartisan consensus that completely missing the biggest economic calamity in almost 80 years doesn't call into question your competence as an economic analyst. This should scare people.

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Making Bankers Wait...

Nicholas Brown | Posted 09.15.2009 | Business

Read More: Diary of an Aspiring New Yorker, Banking Reform, Wall Street Bonuses, Recession, Housing Bubble, Business News
Nicholas Brown

The banks have created a bonus system that encourages economy-destabilizing investment bubbles. That seems foolish. So here's a proposal: a tax cut to encourage bonus reform.

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10 Bubbles In The Making: The Business Insider

businessinsider.com | Lawrence Delevingne | Posted 11.10.2009 | Business

Read More: China Bubble, Financial Crisis, 10 Bubbles in the Making, Financial Boom, Housing Bubble, Business News

One year after America's brush with economic catastrophe, there's plenty of looking back at the bubbles that caused financial chaos. But what's nex...

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What Will an Economic Recovery Build Upon?

Garrett Johnson | Posted 09.27.2009 | Business

Read More: Foreclosures, Price Increases, Housing Numbers, Foreign Trade, Fiscal Health, Green Shoots, Economic Recovery, Consumer Spending, Recession, Reinflating the Housing Bubble, Housing Bubble, Fundamentals of the Economy, Business News
Garrett Johnson

The economy: Has it bottomed? Are we recovering? Will we see a "V" shaped bounce? Or a "U"? Or a "W"? Let's examine exactly what is going to lead this economy out of our deep recession.

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How "The Beanie Baby Bubble" Explains The Housing Crisis

wsj.com | KAREN BLUMENTHAL | Posted 09.26.2009 | Business

Read More: Beanie Babies, Asset Bubbles, Bubbles, Housing Bubble, Business News

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Up To Old Tricks, Wall Street Repackages Bad Mortgages

AP | By MATT APUZZO | Posted 09.24.2009 | Business

Read More: Mortgage Crisis, Credit Rating Agencies, Mortgages, Housing Bubble, Business News

WASHINGTON -- Wall Street may have discovered a way out from under the bad debt and risky mortgages that have clogged the financial markets. The would...

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Too Soon to Call a Housing Bottom

Alan Schram | Posted 09.23.2009 | Business

Read More: Business News, Mortgages, Housing Crisis, Housing Bubble, Economic Recovery, Economy, Recession, Business News
Alan Schram

Consensus seems to be that the housing market bottomed. But I have my doubts.

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Housing: No Mood for a Recovery

Michael J. Panzner | Posted 09.20.2009 | Business

Read More: Homeowners, Real Estate, Consumer Spending, Housing Crisis, Economy, Homeownership, Housing Bubble, Business News
Michael J. Panzner

Suddenly, fewer Americans feel compelled to keep up with the Joneses or to follow in the footsteps of those before them.

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Why Nassim Taleb is the True Predictor of this Crisis

Pablo Triana | Posted 09.19.2009 | Business

Read More: Nassim Taleb, Toxic Assets, Housing Market, Housing Crisis, Housing Bubble, Business News
Pablo Triana

We all seem to want to know who among us really saw the mayhem coming.

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The Respectable Face of Extremism

Jonathan Weiler | Posted 09.18.2009 | Business

Read More: Alan Greenspan, Housing Bubble, Human Nature, Extremism, Business News
Jonathan Weiler

Greenspan didn't take steps to induce more moderate, responsible and balanced investment in the housing sector not because he couldn't, but because he did not believe it was his job to shepherd responsibly our economy. In his worldview, markets do that all by themselves.

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Boomers and Housing: A Symbiotic Relationship Unravels

Mark Miller | Posted 08.30.2009 | Business

Read More: Baby Boomers, Housing Market, Retirement, Housing Slump, Housing Bubble, Housing Crisis, Economic Crisis, Business News
Mark Miller

Many baby boomers once thought of their homes as piggy-banks. High housing prices would allow us to leverage equity to finance our lifestyles, buy second homes or pay retirement community fees.

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That's Not How Bubbles Work

Garrett Johnson | Posted 08.20.2009 | Business

Read More: Mania, Speculation, Housing Bubble, Business News
Garrett Johnson

If you want an accurate prediction of when the housing market will bottom: it will be when people have stopped calling a bottom in housing.

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A Wall Street Windfall Profits Tax: Now or Never?

Les Leopold | Posted 08.16.2009 | Business

Read More: Goldman Sachs, JP Morgan, CEO Pay, Unemployment, Economic Stimulus Package, Wall Street, Economic Crisis, Financial Crisis, Barack Obama, Housing Bubble, Business News
Les Leopold

Wall Street will get its outrageous bonuses again, and the finance casino will reopen for business. This is both a recipe for disaster and the best moment we've ever had to end Wall Street's domination of our economy.

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Still a Shaky Foundation for Housing

Dan Dorfman | Posted 08.08.2009 | Business

Read More: Mortgage Crisis, Housing Bubble, Home Foreclosures, Home Sales, Business News
Dan Dorfman

Would you buy a stock that has a good chance of going down in the current slumping stock market? If your absurd answer is yes, you might also want buy a house.

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How Long Before the Fed's Days Are Numbered?

Michael J. Panzner | Posted 08.07.2009 | Business

Read More: Federal Reserve, Ben Bernanke, Alan Greenspan, Bailout, Economy, Ron Paul, Economic Crisis, Barack Obama, Housing Bubble, Business News
Michael J. Panzner

The truth is that, aside from those periods when conditions and markets have set out a relatively easy path for central bankers to follow, the Federal Reserve has not lived up to its mission or its promise.

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The High Price of Housing Whoha

Jodie Allen | Posted 08.07.2009 | Business

Read More: Fooling-Ourselves, Assessments, Housing Crisis, Housing Bubble, Business News
Jodie Allen

As hordes of now hard-pressed homeowners storm their precincts demanding cuts in property assessments, local governments gaze with horror upon the vast and growing hole.

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Madoff the God of Plunder

Daniel Bruno Sanz | Posted 08.01.2009 | Business

Read More: R. Allen Stanford, Wall Street Crisis, Madoff, Mortgage Fraud, Banking Crisis, Ponzi Scheme, Bernard Madoff, Madoff Ponzi Scheme, Housing Bubble, Business News
Daniel Bruno Sanz

Viewing Wagner's opera as a non-musician and member of the audience, it speaks to me about the leitmotif of avarice and Bernard Madoff.

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Risk of Major Social Upheaval Likely if Bank Bonanza Continues

Marshall Auerback | Posted 07.26.2009 | Politics

Read More: Keynesian Economics, Economic Stimulus Package, Budget Cuts, Inflation, Economy, Economic Crisis, Obama Budget, Larry Summers, Banks, Timothy Geithner, G, Barack Obama, Housing Bubble, Politics News
Marshall Auerback

Is a Democratic administration and a Democratically controlled Congress presiding over one of the most regressive wealth transfers in history?

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American Voters Want Congressional Investigations: Will Democrats Seize the Opportunity for 2010?

Mark Weisbrot | Posted 07.20.2009 | Politics

Read More: Economic Stimulus Package, 2010 Elections, Economic Crisis, Obama Administration, Federal Reserve, Technology-Stock-Bubble, US Congress, Alan Greenspan, Democratic Party, Democrats, Accountability, Housing Bubble, Politics News
Mark Weisbrot

The 2010 elections will very likely be about who gets blamed for the current economic disaster. Even if the economy is recovering in the latter half of next year - and that is a big "if."

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Homes Still Cost Too Much

John F. Wasik | Posted 07.04.2009 | Business

Read More: Housing Prices, Housing Market, Housing Crisis, American Dream, Housing Bubble, Business News
John F. Wasik

The American Dream as we know it was not sustainable. Now we have the chance to make it affordable, ecologically sound and socially beneficial. It's a rare opportunity.

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Economists, Win Back the Respect of Your Children, Support the Third Stimulus!

Dean Baker | Posted 06.29.2009 | Business

Read More: Stimulus, Housing Bubble, Business News
Dean Baker

While the stimulus passed by Congress in February will be helpful, it clearly is not enough given the severity of the downturn.

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The Recovery Myth: Caveat America

James Boyce | Posted 06.28.2009 | Business

Read More: Housing Bubble, Housing Crisis, Economy, Economic Crisis, Business News
James Boyce

There are no green shoots, because there is no recovery when a bubble pops. There is only gradual and slow, painful realization that it was a bubble. And now, it's gone.

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