Below is a fascinating infographic about where real estate is going bananas, with Frankfurt (“Home of the world’s longest airport“) leading the way:
Achtung, Baby!
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Rates and Homes
What’s going on with bonds is interesting. It used to be that as bonds eroded, interest rates went up, and then banks would roll around in a bull-gasm. These days, however, even the nimrods who buy equities are realizing that higher interest rates are going to lead to global asset death. Here we see TLT continue to break down.
Rates & Houses
Bonds have been in a free-fall since Powell spoke on Wednesday, which means that interest rates are zipping higher.
Compound Return Magic
The first property I ever bought in my life was a small house – – I think it’s called a “patio home” since it’s a freestanding structure, but it’s a part of a bunch of homes on a large plot of land. It was way back in 1989, and I was recently down there in Sunnyvale and drove by it.
Albatross
I was looking at old posts of mine, and I stumbled upon one in which I was examining overpriced properties around here. Here was one of them, which has been sitting, unpurchased, for five years now:
