FML Listings posts incredulous commentary about outrageously overpriced real estate listings in Toronto. Look at the run-down bungalows -- in
North York! -- listed for a million dollars and despair. Canada's
housing bubble, on full display. Via
Maclean's.
posted by mcwetboy
on Jan 30, 2012 -
73 comments
Garth Turner, former Member of Parliament and current entertaining, curmudgeonly, and well-informed Greater Fool blogger about Canadian real estate -- and the world economy generally -- gives
his predictions for 2012. The main one, IMO, is the one that he talks about relentlessly in his postings: "Most people won't get it."
posted by anothermug
on Jan 1, 2012 -
30 comments
The immodestly named Versailles
1 in Florida is possibly the largest home in America. At 90,000 sqft it is nearly twice the size of the White House and includes 23 bathrooms, a 10 car garage and 10 Segways to get around. The WSJ reports on
Touring the (Almost) Largest Home in America. Of course the owners ran out of money and now the hulking shell of Versailles, sitting precariously for the ages a few feet above sea level, is
for sale (click through for virtual tour).
posted by stbalbach
on Jul 16, 2010 -
76 comments
Are you a young middle-class creative type (probably white) who has chosen to live in an urban neighborhood that your parents would have shunned? Have the families that formerly lived in your neighborhood (probably not white) been pushed out by soaring rents and real-estate prices to the city fringes or suburbs? The
New Republic on
demographic inversion.
posted by digaman
on Aug 2, 2008 -
64 comments
The Most Important Article You Did Not Read This Week Now, it is true that the most important article you probably didn’t read contains all the usual hair-raising things you’d expect to see about the real estate market, including “developers under siege,” “signs of weakness in key markets,” developers “slashing prices,” and the head of a major builder advising “that people wait three to four years before purchasing a new home.” But the most important article you probably didn’t read is not about real estate markets in Naples, Florida, or Sacramento, California.
It is about China. [ full WSJ article here]
posted by Stynxno
on Mar 28, 2008 -
43 comments
The sub-prime mortgage crisis is giving way in some places to crime ridden McMansion ghettos, perhaps the beginning of a
larger long term trend in demographics: "many low-density suburbs and McMansion subdivisions, including some that are lovely and affluent today, may become what inner cities became in the 1960s and ’70s—slums characterized by poverty, crime, and decay."
posted by stbalbach
on Feb 29, 2008 -
81 comments
