5 Southern cities where houses are shrinking

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homes of varying sizes
Homes for sale have been shrinking in size since the pandemic.

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I entered a bidding war to land an apartment. It was way more brutal than I expected.

Tech Insider : Economy, Economy
A auction gavel hits the top of a New York apartment, sending yellow sparks from its perimeter. Anonymous hands raise numerous prices as they bid on this apartment amid a light blue background
At every step of my apartment hunt, the message was clear: Being first in line may not be enough.

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Home prices have soared so much that 98 out of 100 biggest US cities are overvalued relative to historical levels

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A row of homes under construction

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The housing market will drag the economy into a hard landing unless the Fed takes these 'simple steps,' trade groups warn

Tech Insider : Economy, Economy
US Federal Reserve Chair Jerome Powell
US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.

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The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says

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homeowner porch housing

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It's not just stocks - high bond yields are also laying waste to commodities, currencies, and housing

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New York stock exchange

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Here are all the ways market history is repeating itself amid panic over surging bond yields

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Recession

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Be ready for the S&P 500 to crash by 50%, house prices to slide, and a recession to strike, Jeremy Grantham says. Here are the elite investor's 16 best quotes from a new interview.

Tech Insider : Crypto
Jeremy Grantham.
Jeremy Grantham.

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Legendary investor Jeremy Grantham warns the S&P is likely to crash by 30% - and could nosedive 50% if the 'wheels fall off'

Tech Insider : Crypto
Jeremy Grantham, co-founder of the Boston-based investment firm Grantham Mayo Van Otterloo (GMO), lays out the financial case for divestment at the Fossil Fuel Divestment State of the Movement event in San Francisco in Septemebr 2018.
Jeremy Grantham.

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America's biggest cities have 5.5 million empty homes

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Colorful homes in New Orleans, Louisiana

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