The WSJ had a nice piece today on people whom have had their homes foreclosed about 3 years ago, dipping their toes back into the housing market now.  There are a huge number of people that had reached too far in terms of how expensive of a home they purchased, or that lost their jobs...Read More

Blackstone Group LP (BX) and other private equity rivals such as KKR, are intelligently diving into the rental property business.  By buying foreclosed homes and renting them out these companies are able to capture attractive cash flow yields, while benefiting from likely appreciation into the future.  The key to these investments is scale and property...Read More

AIG’s investment strategy is to embrace distressed mortgages which are trading at discounted prices and offer attractive cash flows, in lieu of equities which are more impacted by shifts in the equity markets.  While AIG’s mortgage portfolio got them in a considerable amount of trouble during the “Great Recession” the primary problems that the company...Read More

The consensus has been that China was likely to endure a soft landing.  I think this is extremely optimistic thinking when you look at their unbelievable growth and expansion over the last decade, particularly in the housing market.  Their real estate bubble is very different than that that was endured in the U.S. because many...Read More