Stock

Real House Prices and Price-to-Rent Ratio in December

Here is the post earlier on Case-Shiller: Case-Shiller: National House Price Index increased 3.8% year-over-year in December It has been almost thirteen years since the bubble peak. In the Case-Shiller release today, the seasonally adjusted National Index (SA), was reported as being 15.8% above the previous bubble peak. However, in real terms, the National index […]

Stock

Case-Shiller: National House Price Index increased 3.8% year-over-year in December

S&P/Case-Shiller released the monthly Home Price Indices for December (“December” is a 3 month average of October, November and December prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. Note: Case-Shiller reports Not Seasonally Adjusted (NSA), I use the SA data […]

Real Estate

Nearly 75% of People Worry About Climate Change When Buying or Selling a Home

An increase in natural disasters is especially concerning to young minorities in the South and Northeast. A majority of homebuyers and sellers are concerned about climate change, according to a new survey conducted by Redfin. Almost three-quarters of respondents (73%) said that an increase in the frequency or intensity of natural disasters at least somewhat […]

Real Estate

Entry-Level Homeowners Are in the Driver’s Seat

One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners? When prices appreciate, homeowners gain equity. In addition, […]

Tax

J P Morgan knows that we need business to be net zero carbon – including in its supply and customer chains – but the masters of the universe have no idea how to achieve that

I suspect I am not alone in having a copy of the report from two J P Morgan economists on climate change, that J P morgan has denied is their responsibility even though their name is all over it with no disclaimers that I can see attached. It includes comments like this: Most likely, these […]

Tax

Journals, papers and prizes

I admit that I was pleased to be advised that a journal paper I co-authored with Dr Petr Jansky and Prof Atul Shah entitled ‘BEPS Policy Failure—The Case of EU Country-By-Country Reporting’ had been elected as the winner of the Nordic Tax Journal article price 2019. I hope to be in Denmark to present the […]