The Manhattan property bubble is bursting

Donald Trump's budget sought to punish blue states by removing income tax deductions for mortgage interest on high-ticket real estate; this was enough to prick the Manhattan property bubble, with co-op and condo sales volume dropping 25% year-on-year for Q1/18; the majority of red ink is in the luxury property market, where Q1 prices fell 15% year-on-year. Read the rest

Press looks the other way as thousands march for Sanders in 45+ cities

Marches supporting the Sanders campaign were called for in 70 cities across the USA, and at least 40 had confirmed marches with thousands turning out -- but the press barely noticed. Read the rest