Real Estate

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Thumbnail image for Will China’s Real Estate Bubble Pop?

Last night 60 Minutes interviewed a Chinese real estate mogul followed by a piece questioning the sustainability of property development in that country [see video below]. It appears the emerging Chinese middle class are investing in property because real estate has always gone up more than inflation. Sounds familiar? The ...

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Thumbnail image for Notes from Jeremy Grantham’s Latest Letter

Long-time market tactician and observer Jeremy Grantham, of the money management firm Grantham Mayo Van Otterloo (GMO), released his typically long quarterly letter last week. Like his last letter [link] Grantham expounds on the factors which will lead to the world growing at a much slower pace than experienced in ...

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Thumbnail image for Robert Shiller Debunks Housing as an Investment

Robert Shiller, Yale University professor and author, and the co-creator of the S&P/Case-Shiller Home Price Index, was interviewed this week by Bloomberg’s Adam Johnson and Trish Reagan (video below). Admitting there currently appeared to be upward momentum in the housing market, Shiller cautioned that the last two months were down ...

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Thumbnail image for Nouriel Roubini: Housing Recovery is Overhyped

Speaking on Bloomberg Surveillance, Nouriel Roubini, chairman of Roubini Global Economics, said he believes there is a recovery in the housing market. However, he feels the popular optimistic view on housing will be proven wrong in 2013. Currently housing amounts to only two percent of GDP, so the effect on ...

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Thumbnail image for Marc Faber’s Latest Market Views

Gloom, Boom & Doom Report Editor Marc Faber was interviewed on Fox Business regarding his outlook for the markets (see video below). When asked how long stocks can go up in a poor economy, Faber stated as long as money is being printed stocks can go up somewhat. With negative ...

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Thumbnail image for Warren Buffett’s Housing Hopes

Hopes are high for a recovery in the housing market. Joe Light, reporter for the Wall Street Journal, surmises that Warren Buffett is betting on a resurgence in housing. Buffett recently made a bid on Residential Capital’s loan portfolio in a bankruptcy court auction. The things working in housing’s favor, ...

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Thumbnail image for Burton Malkiel Defends the Efficient Market Hypothesis

CNBC’s Steve Liesman interviewed Princeton University economist Burton Malkiel, author of the excellent book A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Completely Revised and Updated) this morning. Liesman brought up criticism of the idea of the efficient market because the perception during the financial crisis ...

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Marc Faber, editor of the Gloom, Boom and Doom Report, was interviewed yesterday on CNBC (before today’s ugly market action).   When asked what an investor should do if the missed the huge rally of the last four months, Faber replied missing the rebound was a fatal error.  But he ...

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Marc Faber, editor of the Gloom, Boom and Doom Report, was interviewed on Fox Business yesterday. Faber said the market’s negative reaction to Greece was a symptom of a wider problem of over-indebted governments in the western world and Japan. He indicated the Greek crisis is just a small play, ...

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One of the worst asset classes as far as value is concerned appear to be Real Estate Investment Trusts (REITS).  Since the bottom in 2009 REITS have risen over 200%; doubling the performance of equities.  Over the past two years they have returned nearly 100%.   REITS are not far ...

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