Category: Real estate

China’s whistling tea-kettle

9 November, 2012 (09:00) | Bubbles, capital control, China, Economics, Global news, Investment, Real estate, Speculation |

By:David A. Smith   A whistling kettle not only keeps the pot from exploding, it tells you the water’s boiling; it’s both a release valve and a signal.  And in China’s economy, as shown in this Wall Street Journal (October 15, 2012) article, the economic tea kettle is whistling loudly:   Capital pressure’s on the […]

Flipping in slow motion

2 September, 2011 (09:12) | Apartments, Flipping, Foreclosure, House sitting, Investment, Real estate, Renting, Speculation, US News, Workforce housing | 2 comments

By:David A. Smith   Tempting as it is to believe that the third owner always makes money in real estate, I question whether the business identified by this Wall Street Journal article is really a trend, or just a set of special-case exceptions:   Lower the price enough and we’ll rake the leaves?   Big […]