Author Archives: Danielle Park

This kind of housing market

A house on my walking circuit sold on February 18 for $1,060,000 after 11 months on the market. It was initially listed in March 2023 for $1,798,000 and has been reduced nine times since. The property was relatively modest but … Continue reading

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Grantham: US stocks top 1 percent most expensive in history

Jeremy Grantham’s latest update is available and worth reading on the GMO website. He points out that the current Shiller PE over 34 for the S&P 500 represents the most expensive 1% of all historical incidents. It has happened at … Continue reading

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Apartment defaults highest in a decade

Nick connects the dots very well in this segment. Similar trends are happening in Canada, too. Apartment landlords around America are going into default on their mortgages at decade-high rates, suggesting that the Commercial Real Estate Crash is going to … Continue reading

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