Archive for the 'employment' Category

Bubble university. Student loan accounts now match up with the number of auto loan accounts in the U.S. Future American home buyers will be hampered by massive student loan obligations and growth of for-profit education.


The Bread and Circus economy: Lessons from the Great Depression Part 33. The McDonald’s and paper-mill education economy funded by a too big to fail bank.


3 economics trends stifling wages and pushing home prices lower: 1,000,000 people apply for 60,000 McDonald’s jobs, the college tuition bubble, and long-term shadow inventory.


California home prices 50 percent off March 2007 peak – Why California home prices will be impacted by multi-year state budget deficits, higher interest rates, and a backlog of distressed properties.


Four financial corners of California – real estate and broker licensees continue to decline, banks extend average foreclosure to 285 days, underemployment surges to 19.9 percent nationwide, and Federal Reserve now largest U.S. debt holder.


Is California the new Japan? – 5 charts showing nonfarm payrolls at 1998 levels, underemployment of 23 percent, 685,000 homes at least 90 days delinquent, a massive zombie real estate sector, and a decreasing homeownership rate.


An expensive lesson in debt. Why many future potential home buyers will carry an albatross of student loan debt and push home prices lower. 25 percent of young California graduates underutilized in the labor force.


By Month:



By Category:

© 2012 Dr. Housing Bubble