News Views Guidance and Solutions to a Fast House Sale
Trouble Ahead, Ponch: The CHiPs Man Who Called The Housing Bubble
In February 2003, the chief executive of Calpers was sent a letter predicting the looming burst of the housing bubble and that the California pension fund should walk away from risky investments, even invest in gold. the predictor wasn’t a Wall Street analysts, but a state highway patrolman.
Read more on Wall Street Journal Blogs
S Korea delays announcing policies to vitalize property market
The South Korean government on Wednesday said it will delay its planned announcement of measures to vitalize the nation’s sluggish property market, as related ministries could not narrow gaps in their views.
Read more on People’s Daily
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Danville officials study Springfield’s public housing success
SPRINGFIELD – A group of Danville Housing Authority officials, along with state Rep. Bill Black and Danville Mayor Scott Eisenhauer toured Springfield’s Madison Park public housing development, a more spacious, modern and appealing alternative to the crowded, row housing at Fair Oaks in Danville. read more
Read more on The Champaign News-Gazette
Financials weigh on Aussie market
THE Australian share market closed lower on Thursday in lacklustre trading, weighed down by the financial sector.
Read more on Perth Now
Market holds gains mid-morning, miners lead
The Australian share market was higher mid-morning led by major mining stocks.
Read more on thewest.com.au
Property Market – The wrap-up
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Read more on Brisbane Times
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U.S. Housing Starts Drop 5% To 8-month Low
U.S. Housing Starts Drop 5% To 8-month Low
Read more on FOX Business
Singapore banks’ property loan-loss risks are limited, S&P says
Singapore banks’ credit-loss risks are limited as housing remains affordable, borrowers can repay the loans and the government is taking steps to cool the market, Standard & Poor’s Ratings Services said. The assessment is valid even if a property asset bubble forms in the city-state, S&P said in a report today. S&P said Singapore banks have begun to raise mortgage rates, limiting returns from …
Read more on The Edge Singapore
