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Author Archives: Danielle Park
Deficits undermining budgets and asset values
As unfunded liabilities and debts mount, pressure to cut services and raise property taxes will continue and increasingly deter potential buyers from cash-strapped areas. (Indeed finding an area that is not cash-strapped today is no small feat!) Not good for … Continue reading
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Understanding the weight of today’s epic global credit bubble
Marc Faber, publisher of the “Gloom, Boom and Doom” Report, examines China’s economic slowdown and what he sees as an “epic” credit bubble in the nation. Here is a direct video link. For more important insight on the weight of … Continue reading
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Million dollar shacks and ‘ghost houses’, progress?
Rock bottom rates, asset bubbles and capital fleeing Asia, we have seen this movie before. Prices at a “permanently high plateau” anyone? Our family has been priced out! Has the Bay Area gone crazy? Real estate prices have doubled in … Continue reading
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