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Dear Readers, I got a very moving email from a reader this week. They are taking a $1,000 a month loss on a condo they bought in California in 2006. But now we are just a ticking time bomb... My retirement savings will likely be less, my assets fewer, my...
A subscriber to Real Estate Decoded emailed me the original idea for this post. Thanks, Hal! What would have happened if we didn't have real estate bubbles in Las Vegas and Phoenix? According to many economists, both cities had "contagion" bubbles, bubbles that spread from California. Las Vegas and Phoenix didn't really...
https://youtu.be/cFajldynlHw Catch the Inflation-Adjusted Real Estate Bubble Case-Shiller Price Index Charts for New York, Los Angeles, Chicago and 17 other cities HERE! ###
During my recent “Real Estate Bubble Explained” project, I found it was common for lenders to brag about their affordable mortgages. They were talking about their subprime mortgages. Anything that let more people buy homes back then was considered to be a good thing. Mortgages that would have been branded...
Here are some of the cool graphics related to the Great Real Estate Bubble that I didn't end up using in this post. The source is on each graphic, if you want to do more research yourself. Click images to enlarge.   ###