To paraphrase Antonio Gramsci, what serves the class in power is viewed as the natural order and common sense, and what doesn’t is blasphemy.
The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.
How changes to California’s Proposition 13 could reduce inequality.
The world’s real estate is worth an estimated $217 trillion, making up more than 60 percent of global assets. Even though three-quarters of that amount is tied up in housing, it hasn’t translated to secure shelter or prosperity for many...
Records show 61 different residents have received notice to vacate their homes in Perry complex since Hannity took over in 2014
Vacant storefronts are becoming more noticeable in the capital of consumption, as small retailers are being pushed out by wealthy investors
“We thought that building a Trump Tower next to an Agalarov tower [in Moscow] — having the two big names — could be a really cool project to execute”
The foreclosure crisis is alive and well, aided and abetted by house flipping. A legal loophole allows flippers in areas where the house market has rebounded to push troubled homeowners out of their houses.
Shady magnates and corrupt politicians from all over the globe are stashing their ill-gotten wealth in luxurious Manhattan apartments.
Mayor Bloomberg pushed through re-zoning of nearly 40 percent of New York City. Bill de Blasio campaigned against urban gentrification. Can the new mayor reverse the trend? Can big-city electoral coalitions buck the trend of the real estate and financial speculators? Author Michael Hirsch reviews the new book about Chicago's mayor Rahm Emanuel - the mayor of the 1% in the second largest city of the country.
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