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Housing Starts Plunge 11% to 7-Month Low:
• globaleconomicanalysis.blogspot.comSingle-Family Down 2.4%, Multi-Family Down 25%; Hidden Strength?
Contents Pages by Subject
Housing
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Healthcare & Housing Cost Surge Sparks Biggest Rise In Core Consumer Prices Rise In 16 Months
• http://www.zerohedge.comFollowing September's strongest Core CPI gain since June 2014, October accelerated that modestly with CPI ex food and energy rising 1.9% YoY.
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Housing Bubble - Part Deux
• http://www.zerohedge.com, Tyler DurdenThe housing recovery without mortgage originations is coming to its inevitable conclusion.
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JAMES ALTUCHER: This is why owning a home is financial suicide
• Business InsiderPodcaster and author James Altucher recently stopped by Business Insider to talk about his provocative blog post about whether or not owning a home is a smart investment.
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Three Ads That Summarize The Current State Of The Subprime Housing Market
• http://www.zerohedge.com2014 was the year of the return of No Income, No Job, No Assets (NINJA), and Stated Three recent ads shown below, courtesy of KGBinvestor, demonstrate just how further down the subprime rabbit hole we have fallen in 2015.
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These Are The 20 Worst Cities In The US - Spot The Common Theme
• http://www.zerohedge.comTo find the best small cities in America, WalletHub's analysts compared 1,268 cities across four key dimensions: 1) Affordability, 2) Economic Health, 3) Education & Health and 4) Quality of Life.
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Nigerians Are Building Fireproof, Bulletproof, And Eco-Friendly Homes With Plastic Bottles And Mud
• True ActivistThese colorful homes are bulletproof, fireproof, and can withstand earthquakes. They also maintain a comfortable temperature, produce zero carbon emissions, and are powered by solar and methane gas from recycled waste.
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My Micro New York will be the city's tallest modular building
• gizmag.comHousing space in New York is increasingly at a premium in terms of both demand and cost
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Case-Shiller Home Price Appreciation 'Stable' At Around 5% YoY
• Zero HedgeFor the first time since April, Case Shiller Home Prices rose month-over-month (though barely at +0.11%). However, this very modestly better than expected print was all thanks to downward revisions of previous data
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Housing Will Still Expand Despite Economic Weakness
• forbes.comAfter solid GDP growth of 3.9% in the second quarter, nearly all economic indicators in recent months have pointed to a sizable slowdown.
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Existing Home Sales Up 4.7% Following Last Month's 5% Decline; Home Price Weakness
• globaleconomicanalysis.blogspot.comExisting home sales bounced this month, coming in just above the high end of Econoday Economists' Estimates.
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Undermining Property Rights In San Francisco
• http://www.zerohedge.com, Pater TenebrarumExpanding the Regulatory State with the "Anti Airbnb Measure"
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"Good News" in Housing Starts Has a Dark Side
• Schiff GoldThe mainstream media trumpeted the latest data on housing starts as good news for the economy, but there is a dark side they aren't talking much about.
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They're Baaaaack....
• Zero Hedge"Own For $0 Money Down!"
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Hooray! Huge Rent Hikes Coming; How Will It Affect Price Inflation?
• globaleconomicanalysis.blogspot.comIn news that is bound to make the inflationists at the Fed as well as property owners happy, Landlords Will Hike Rents by 8% this Year.
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Top Tech
Tiny prefab Box homes go up in as little as a day
• http://www.gizmag.com, Bridget BorgobelloLondon's Bert and May Group recently launched a series of clever prefabricated box homes that take as little as one day to set up.
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Financial Fridays: It's Financial Suicide To Own A House
• https://www.lewrockwell.com, By James AltucherI am sick of me writing about this. Do you ever get sick of yourself? I am sick of me.
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How Much Longer Can Our Unaffordable Housing Prices Last?
• https://www.lewrockwell.comMarkets discover price via supply and demand: Big demand + limited supply = rising prices. Abundant supply + sagging demand = declining prices.
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Living in a steel box: are shipping containers really the future of housing?
• TheGuardianFrom London to Amsterdam to Mumbai, shipping containers have been celebrated as a cheap and easy way to provide pre-fab housing. But what is it like to live in one – and can they transcend pop-up status to be a permanent solution?
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The Echo Bubble in Housing Is About to Pop
• Lewrockwell.comAnd here's the knife in the heart of the Echo Housing bubble: declining household income.
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Striking Weakness in Home Prices
• globaleconomicanalysis.blogspot.comFor the third month in a row, the Case-Shiller 20-city seasonally adjusted home price index declined. Last month was revised lower. Economists were surprised.
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Step Aside Detroit: There Is A New "Worst" City For Housing In The U.S.
• Zero HedgeWhile the Case-Shiller index reported earlier was weaker than had been expected, and the 20 City composite index posted its third monthly decline in a row, the headline hid a wide dispersion of home prices beneath the surface.
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The 'Affordable Housing' Fraud
• https://www.lewrockwell.comNowhere has there been so much hand-wringing over a lack of "affordable housing," as among politicians and others in coastal California. And nobody has done more to make housing unaffordable than those same politicians and their supporters.
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Pending Home Sales Miss Fourth Month In A Row, As Northeast Weighs On Index
• http://www.zerohedge.com, by Tyler DurdenWhile the rest of the US economy was slowly but surely reentering a recession...
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Europe: Seizing Homes to House Muslim Migrants
• http://www.prisonplanet.com, Pamella GellerIn a deeply disturbing development in the Muslim invasion of Europe, Europeans are being forced from their homes to accommodate the invaders.
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This futuristic floating city will produce zero waste and house 7,000 residents
• http://www.businessinsider.comFrench architect Jacques Rougerie has designed a 3,000-foot-long, manta-ray-shaped vessel capable of hosting 7,000 people. The city of Mériens will be a floating university city for researchers and students.
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LOW INTEREST RATES CANNOT SAVE A HOUSE OF CARDS
• http://fff.org, by Richard M. EbelingWhen is the price of some marketable good or service at or near zero? When either the supply of it is so plentiful that virtually any demand, no matter how great, can be satisfied. Or when no matter how large or small the supply of it may be, people
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Existing Homes Sales Record Biggest August Drop EVER But Prices Keep Inflating
• by Lee AdlerNAR data on housing sales showed the largest August decline since 1999, the earliest publicly available data.
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How To Build A €1000 Eco-Home In Just 100 Hours!
• True ActivistCreating an eco-home from open-sourced blueprints has never been easier or more affordable
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Existing Home Sales Down 4.8%, Decline More Than Expected;
• globaleconomicanalysis.blogspot.com"Still Healthy and Trending Higher" Says Bloomberg - Let's Investigate
