Broad Oak Magazine

Charles Hugh Smith points out that in some areas , property values have already dropped by over 70% from their heady 2006 peak.

Karl Denninger looks at recently-failed US banks and by comparing their asset valuations with losses charged to the Federal Deposit Insuranc...

Calculated Risk plots the actual and projected change in demographics from 1950 to 2050, adds the observation that over-65s cost 3 times as ...

" Almost one-third of all U.S. households have no mortgage. If you adjust for that, the 70-80 percent debt-to-equity ratio suddenly bec...

Mish gives us a few interesting graphs on the US housing market and asks whether it's hit bottom yet. I did leave a comment but it disa...

Barry Ritholtz gives his reasons why house prices will continue to drop - 15% to the mean, probably more - say 20%? (htp: Michael Panzner ) ...

The Big Picture selects several articles for us on US debt. This one points out that to balance the US budget with borrowing, new bonds must...

Mish looks at certificates of deposit vs returns from stocks. Investors, take note. The folly of buy-and-hold may also apply to houses. ...

Giant retailer Tesco has just sold and leased back 12 stores, netting £430 million (£458m, according to another source ). This comes on top...

Like many others, I'm in the habit of talking about "the housing market" in general terms. Surely this is no more helpful than...

The West doesn't save enough and has borrowed too much, so it's going to be a moneylender's market. So, either: Interest rates g...

A killer graph here from Charles Hugh Smith . Interestingly, the steady real decline of average incomes begins at almost exactly the same t...

Before we start, please read my disclaimer above! How do we protect our little wealth against inflation? The gold bugs still enthuse, and it...

I've just been asked by a client whether he should switch from cash to equities. Here's my view, and it may explain why I haven'...

A letter to the Spectator (unpublished), posted here on 2nd November 2008. We seem to be edging towards the "unsurprising", though...

Mish's graph suggests houses could lose another 40% or so over the next 7 years.

Sir: Your leader (“ Riders On The Storm ”, 1 November) suggests that current investor sentiment is “excessively negative”. That depends upon...

Hunter in the Daily Kos (HTP: my brother) says that the $700 billion rescue plan has no relation to the (much smaller) likely amount of mor...

If Karl Denninger is right and the long-term trend for house prices is 3 times income, instead of 5 or 6 as it seems to be now, then houses ...

Just a reminder from Alice's powerful Picasa presentation on house price trends (see also her Youtube version - top of sidebar). Advise...