Reports on housing bubbles, mortgage delinquencies and other links

Must Reads: Housing still overpriced (though not in US), delinquencies still high

Usual Fare

I linked out to a Spanish-language article chronicling how the Spanish government was bailing out CajaSur after the failed Unicaja-CajaSur merger. Here is an English-language version from the NY Times:

Ailing Spanish Lender Gets 550-Million-Euro Bailout

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  1. Fico says

    That’s a nice chart but not so sure about the US #s….Housing in the US is still a total scam. Most of my friends (and definitely I) pay 60% of our monthly income for junky housing. 60%! Houston lower middle class houses still cost $400,000. LOL, no bubble there, noooo…

    The Emporer still has no clothes yet people still refuse to believe it.

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