Tag Archive: Real Estate
The Helicopter Mortgage
Medical vs. Financial Engineering. I broke my elbow a month ago, pretty badly as I was told. The surgeon screwed the pieces back together, using a steel alloy bracket and six screws. Two hours later, I left the hospital with no cast, a bandage (just to cover a very ugly scar), a prescription for painkillers and therapy started a week later.
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Stockman Rages: Ben Bernanke Is “The Most Dangerous Man Walking This Planet”
Ben Bernanke is one of the most dangerous men walking the planet. In this age of central bank domination of economic life he is surely the pied piper of monetary ruin. At least since 2002 he has been talking about “helicopter money” as if a notion which is pure economic quackery actually had some legitimate basis.
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Yahoo Finance Editor “We’re Suffering Of Too Much Democracy”
Following James Traub's mind-numbingly-elitist rebuttal of the democratic rights of "we, the people" in favor of allowing "they, the elite" to ensure the average joe doesn't run with scissors, "It's time for the elites to rise up against the ignorant masses."
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Housing Affordability – A Dose of Reality
First, a few quick words on Brexit. Being the always positive and optimistic person that I am (big grin), I see one very positive outcome of Brexit – it is a revolution without bloodshed. For once, I’m not digressing. Brexit has a lot of parallels with housing affordability in the US.
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Panama Tax Haven Scandal: The Bigger Picture
The “Panama Papers” tax haven leak is big … After all, the Prime Minister of Iceland resigned over the leak, and investigations are taking place worldwide over the leak. But the Panama Papers reporting mainly focuses on friends of Russia’s Putin, Ass...
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Need Safe havens: CHF or Gold?
In times of negative interest rates and falling earnings per share, gold is the ultimate safe haven. Due to negative rates, it is not the Swiss Franc.
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Is it Time to Buy Real Estate? Yes and No
Is it Time to Buy Income-Producing Real Estate? No, No, No. Much to the dismay of my real estate buddies, who are complaining about how high prices while watching the cash flow of their portfolios bursting at the seams from a few good years of ren...
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Why is Freddie Mac Reporting a Loss?
A Sudden Turn for the Worse Freddie Mac posted a loss of $354 million this quarter, versus a $2.16 billion gain the previous quarter. Fannie Mae did slightly better with net earnings of $1.1 billion, which were still substantially down from $2.5 b...
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Panama Papers Names Revealed: Multiple Connections to Clinton Foundation, Marc Rich
There has been much confusion, at time quite angry, how in the aftermath of the Soros-funded Panama Papers revelations few, if any, prominent U.S. name emerged as a result of the biggest offshore tax leak in history. Now, thanks to McClatchy more U.S...
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Downwards and Upwards Drivers of Swiss Inflation
In the following we present the drivers of Swiss price inflation. We first present the components of the consumer price index. Then we explain which are upwards-drivers of inflation and which ones cause downwards adjustments.
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9) Markets
We are currently looking for an curator of this category. The aim is explain how to obtain sustainably nice returns on stocks and bonds. The focus here should be also on global macro. Sustainability is key: "buy today and sell far in the future", for example when you get retired. Publicity for own books or publication is allowed.
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Swiss home price to income ratio small in historic and global comparison
Based on four different data source, we find out that Swiss home price to income ratio is small in global comparison. Therefore we wonder why the SNB must contain home price rises, but the Fed must artificially increase them.
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European Wealth Reports: Why “Median” Italians are Far Richer than Germans
We explain why according to the European wealth reports "median" Italians are more wealthy than Germans. The main reasons are high savings and accumulation of wealth for the average family until the 1990s, often invested in homes and real estate. Low ECB interest rates finally let the value of the home rise strongly.
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Credit Suisse Study: Swiss Real Estate Market Needs Higher Rates
A new study by Credit Suisse claims that the SNB needs to hike interest rates in order to avoid excessive risk taking in real estate markets; in particular around the centers of Geneva and Zurich, but also in the Southern Swiss cantons with lower income, but high real estate prices.
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Debt, the Financial Cycle Determinant between 2011 and 2017
Between 2011 and 2017, the reduction of debt , the hunt on the rich and investment into countries with low debt will become the main rational expectation and the determinant of the next financial cycle.
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Warum die SNB nicht Hongkong, sondern Singapur imitieren wird
Im Gegensatz zu Hongkong mit dem USD/HKD-Peg kann die Schweiz ein Currency Board, einen fixen Kurs zum Euro nicht für Jahre durchhalten. Die Gründe auf snbchf.com
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