It's the engineered deflation of the Chinese housing bubble that is now roiling the world's metal producers. Beijing has made it clear that it expects property developers to run down unsold inventory, particularly outside of major cities, before …
It left people who were previously in fulfilling careers stuck at home, sitting on an incontinence pad, waiting for two 15-minute care worker visits to top and tail the day. People with a learning disability saw their main employer and support …
){kind=link}
Winn Communities is looking for an extension on entitlements for three housing projects in El Dorado County. But it's not because of lagging confidence in the market, or even a lack of labor. Rather, the company wants to complete needed road …
){kind=link}
Loaning money at high rates to people who may not be able to repay is a recipe for disaster, as the housing bubble demonstrated. Delinquencies on subprime car loans that have been bundled into bonds have already risen to 4.7 percent, the highest rate …
So the pay commission impact could come three-six months later than what we had earlier expected but still it will come and the bigger change will be in non-discretionary sectors, autos, housing, and because of housing, the cement sector because …
Lloyds is vulnerable to a housing crash and is not worth investing in, one of the UK's most influential fund managers claimed yesterday. Neil Woodford runs more than £14billion in funds and backs a string of blue-chip companies including BT and drugs …
){kind=link}
Of course, Greenspan didn't see the size and scope of the coming meltdown, and apparently, neither did Donald Trump. Trump Mortgage facilitated loans between borrowers and lenders. It didn't actually lend money to home buyers. It promised to be the …
){kind=link}
I recently was asked to participate in a task force coordinated by the Nebraska Bankers Association (NBA). It is an initiative to address the shortage of workforce housing across the state. Members hail from Nebraska City to Scottsbluff and many …
){kind=link}
The Minamiyanome temporary housing units are mainly occupied by the elderly and disabled who were forced to evacuate their homes following the 2011 Great East Japan earthquake and tsunami, which destroyed their houses and caused a meltdown at …
The finances of home ownership since the mortgage meltdown might be a lead reason for the change, but the cost of renting also is rising in most of the biggest metropolitan areas, the study found. Adding to data showing a national rise in renters in …
){kind=link}
We learned nothing from the last financial crisis. The housing market is set to collapse, again, and a key culprit, again, is artificial demand created by government policies. For starters, mortgage-software firm Ellie Mae reports that the average FICO …
){kind=link}
A deadly tidal surge 128 feet high rolled over the city of Miyako, traveling inland as far as six miles in Sendai, the capital city of the Tohoku region, home to over 1 million people. Further to the south, the tsunami triggered a nuclear meltdown at …
){kind=link}
The waves also triggered a partial meltdown at the Fukushima nuclear power plant and forced the evacuation of some 160,000 people from the surrounding region, many of whom remain in temporary housing far from their homes. Some 10 million vinyl bags …
){kind=link}
A number of institutional investors are making bets that Canada's overheated housing market is set for a U.S.-style meltdown, which they believe will have a sharp impact on Canada's banks. Despite these concerns, it appears that the perception of risk …
South Florida residents who lost their homes to short sales and foreclosures during the housing crisis can learn Saturday how to get on the path back to homeownership. "For people who lost homes, filed bankruptcy and were in financial distress in 2008 …
){kind=link}
It's no secret that the housing meltdown damaged millions of people's credit. Many of these homeowners have been sitting tight during the two- to seven-year waiting period for their loan eligibility or credit to be repaired. Since the waiting period …
){kind=link}
The housing crisis is already visible in the construction market and in macroeconomic numbers: New construction starts were down 15% in 2015, which was the second consecutive year of decline, according to a Gavekal Dragonomics report. Steel production …
){kind=link}
Pressure is mounting in the housing market and is unlikely to be relieved for at least two years. We have now reached the point where we need a dedicated housing minister at the Cabinet table in the next government, whatever arrangement of parties make …
){kind=link}