Letter Re: Thoughts Trailers and Towing Capacity for Times of Fuel Scarcity
• Survivalblog.comDear Jim, I've been having blinding flashes of the obvious lately that I wanted to share.
Contents Pages by Subject
Housing
No-money-down mortgages are back
• .It’s 100% financing—the same strategy that pushed many homeowners into foreclosure during the housing bust. Banks say these loans are safer: They’re almost exclusively being offered to clients with sizable assets, and they often require two forms of
12 Cities Where You Can Get Great Deals On Foreclosures In 2013
• Business InsiderForeclosure activity increased in 120 of the 212 biggest metropolitan real estates, according to RealtyTrac's latest foreclosure report.
SHILLER: All This Housing Optimism Is Way Too Premature
• Business InsiderYale professor Robert Shiller is one of the pre-eminent experts in house prices.
Here Comes New Home Sales
• Business InsiderNew home sales for December will be out at 10 a.m. ET.
SHILLER: All This Housing Optimism Is Way Too Premature
• Business InsiderYale professor Robert Shiller is one of the pre-eminent experts in house prices.
Financial Crisis Suit Suggests Bad Behavior at Morgan Stanley
• New York TimesOn March 16, 2007, Morgan Stanley employees working on one of the toxic assets that helped blow up the world economy discussed what to name it. “Subprime Meltdown,” “Hitman,” “Nuclear Holocaust” and “Mike Tyson’s Punchout,”
12 Space-Saving Items That Are Perfect For A 'Micro Apartment'
• Business InsiderNew Yorkers got a look at the future of city living this morning when Mayor Bloomberg unveiled the winning design for 300-square-foot "micro apartments" being built as an affordable housing option for singles.
Gov’t orders JPMorgan to fix oversight tied to $6B trading loss, money laundering
• APJPMorgan has been ordered to correct poor risk management that led to a surprise trading loss last year of more than $6 billion. Federal regulators also cited the bank for lapses in oversight that allowed the bank to be used for money laundering.
Patriotic Group To Build Armed 'Defensible' Neighborhood Fortress
• http://cnsnews.com, By Gregory Gwyn-Williams, Jr.A group of like-minded patriots, bound together by pride in American exceptionalism, plan on building an armed community to protect their liberty.
Bank of America puts to bed claims from housing crisis, while retreating from market
• Washington PostA pair of settlements announced Monday will bring Bank of America closer to eliminating its mountain of liabilities stemming from the housing crisis, at a time when the behemoth bank continues to retreat from the mortgage market.
Living Large in Small Houses
• arcleinMy husband and I think we’ve found a way to pay off our mortgage early, without taking on an extra job or working nights. We’ve decided to construct a rental unit — a “mother-in-law suite” — within our home. If it pans out as we hope, the rental inco
Shell Housing?
• arcleinRussell Richman, a professor in the Department of Architectural Science at Ryerson University, is the co-principal investigator of an on-going research project that explores the practicality of Nested Thermal Envelope Design, a home construction desi
Fannie, Freddie may have lost $3 billion in Libor: watchdog
• ReutersMortgage finance giants Fannie Mae and Freddie Mac may have suffered more than $3 billion in losses due to manipulation of the benchmark interest rate known as Libor, according to an internal memo by a federal watchdog.
Poseidon Resorts completes underwater hotel design
• http://www.gizmag.com, By Antonio PasoliniThe buzz around Poseidon Undersea Resorts has been around for a few years now (c.f. our 2007 report on the conceptually-similar Hydropolis in Dubai).
IMF Sounds The Alarm On The Hong Kong Housing Bubble
• Agence France PresseThe International Monetary Fund has warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.
Study Shows a Pattern of Risky Loans by F.H.A.
• New York TimesA new and extensive analysis of 2.4 million loans insured by the Federal Housing Administration in recent years shows a pattern of risky lending that could generate $20 billion in losses and harm thousands of the nation’s most vulnerable borrowers. B
Real Estate: Is the Bottom In, Or Is This A Head-Fake?
• http://www.zerohedge.com, by Charles Hugh-SmithEveryone interested in real estate is asking the same question: Is the bottom in, or is this just another “green shoots” recovery that will soon wilt?
Mortgage Crisis Presents a New Reckoning to Banks
• New York TimesThe nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage securities that imploded during the financial crisis, potentially adding to the tens of billions of dollars banks have already paid to settle o
Jersey shore home vanishes
• myfoxny.comA man in New Jersey returned to his home after Superstorm Sandy only to find it had vanished -- and not from the storm. At issue is who tore it down and why?
Transforming house turns inside out for summer, has 8 configurations
• http://www.gizmag.com, By James HollowayThe design is based on the Haberdasher's Puzzle, discovered by English mathematician Henry Dudeney, which allows an equilateral triangle cut into four parts to be folded into a square while all pieces remain in contact with at least one other.
Recycled Shipping Containers to Combat UK’s Homelessness Problem
• http://www.wired.com, By Philippa WarrUnused shipping containers from Amsterdam are to be recycled to create housing for homeless people in the English cities Brighton and Hove.
Britain Is Testing An Amphibious House That Rises Along WIth Floodwaters
• Clay Dillow via PopSci.comBritain's Environmental Agency is taking a keen interest in housing technology that embraces flooding rather than fights it.
Take That, Tokyo! San Francisco Approves 220-Square-Foot ‘Micro-Apartments’
• http://www.wired.com, By Nathan HurstIf you live in San Francisco, chances are you already feel like you’re living in a closet.
New York sues Credit Suisse over mortgage securities
• RawStory.comThe state of New York sued Credit Suisse for fraud Tuesday over the sale of questionable mortgage securities that dealt buyers $11.2 billion in losses in the US housing meltdown.
Plea Deals in Mortgage Robo-Signing in Fla., Mo.
• New York TimesThe former head of a company where workers forged signatures on mortgage documents pleaded guilty to a federal charge in Florida on Tuesday, the same day a plea agreement on related state charges was announced in Missouri.
Homebuilders Have Been Some Of The Hottest Stocks In The World
• http://www.businessinsider.com, Joe WeisenthalFor over a year, homebuilding stocks have been among the hottest in the world.
Canada Is Bleeding Private Sector Jobs, And Its Housing Market Is Tanking
• Mike "Mish" ShedlockThe Financial Post has an interesting story on the state of the Canadian jobs market. It seem over 100% of job growth is from government jobs.
China Is Building A Brand New Green City From Scratch
• http://www.popsci.com, By Rebecca BoyleChengdu Tianfu District Great City is supposed to be a prototype that can be replicated elsewhere throughout China.
10 Awesome Castles You Can Buy Right Now
• http://www.businessinsider.com, Meredith GalanteIf you really want to live like a king, buy a castle.
Watch Streaming Broadcast Live:
LRN.fm
DLive
Live Chat
Telegram
Telegram
