Real-Estate Bubble

Looking for some depressing news to read during lunch? See below.

Gene Sperling, top economic adviser to the Clintons, argues today in a Bloomberg column that the economy may be in for double-real-estate-bubble trouble.

That's right. Not just one deflating bubble. Two.

We all know about the recently poppped residential real estate bubble, but is there a second commercial real estate bubble that is on the brink of bursting, too?  read more »

While New Yorkers watch the unfolding melodrama of the Spitzer-Bruno-Troopergate, the state and city stand together at the cusp of a fiscal crisis that both Governor Spitzer and Mayor Bloomberg have chosen to ignore.  read more »