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Monday, October 12, 2015

Is The Housing Bubble 2.0 About To Encounter A Pin? | Seeking Alpha

Is The Housing Bubble 2.0 About To Encounter A Pin? | Seeking Alpha: Is Housing Bubble #2 heading for the same shoals that popped housing bubble #1 in 2007-08?

Markets discover price via supply and demand: Big demand limited supply = rising prices. Abundant supply sagging demand = declining prices.

Eventually, prices rise to a level that is unaffordable to the majority of potential buyers, with demand coming only from the wealthy. That's the story of housing in New York City, the San Francisco Bay Area and other desirable locales that are currently magnets for global capital.

The Real Estate M&A Boom - Yahoo Finance

The Real Estate M&A Boom - Yahoo Finance: Surprising though it may seem, real estate is poised to be one of the hottest sectors for mergers and acquisitions growth in the coming year. Due diligence activity in real estate during the first half of 2015 was up 57%, according to Intralinks’ Deal Flow Predictor which forecasts M&A activity six months into the future, the largest increase for any industry. What’s more, our early count indicates deal negotiations in real estate continued strong during the third quarter.

He sells sea salt from the sea shore: Lafayette chef looking to expand business opportunities in sea salt | Acadiana | The Advocate — Baton Rouge, Louisiana

He sells sea salt from the sea shore: Lafayette chef looking to expand business opportunities in sea salt | Acadiana | The Advocate — Baton Rouge, Louisiana: Sea salt is all the rage these days, and many products pulled from the ocean hail from the Mediterranean or warm Asian countries such as Thailand. Lafayette chef Jeremy Conner found sea salt closer to home in the vast Gulf of Mexico and is harvesting the sodium chloride crystals for sale in his new venture, Cellar Salt Co.

Connor grew up in Pensacola, Florida, and still has family at the Gulfside town, so he makes the trek to the Florida Panhandle to pull water for his salt. Tapping 9 to 16 five-gallon buckets at a time from the Gulf — about 100 pounds of water — results in 2.5 pounds of salt once the water evaporates, Connor said.

New Orleans Saints' season already becoming a lost cause: Jeff Duncan | NOLA.com

New Orleans Saints' season already becoming a lost cause: Jeff Duncan | NOLA.com: It was a gloriously beautiful day for football�but a long, ugly afternoon for the New Orleans Saints at Lincoln Financial Field on Sunday.

The enduring images from a frustrating loss were not pretty:

Sean Payton, Rob Ryan and Dennis Allen sniping at each other on the sideline after yet another Keystone Cops defensive substitution problem.
Drew Brees uncharacteristically sprinting downfield to confront an official about a non-call after a third-down incompletion.
And Brandon Browner engaging in a heated exchange with a�local reporter in the postgame locker room, then leaving the scene without answering questions.

Sean Payton, Saints searching for answers after debacle in Philadelphia | NOLA.com

Sean Payton, Saints searching for answers after debacle in Philadelphia | NOLA.com: Minutes after a 39-17 drubbing to the Philadelphia Eagles had mercifully ended, New Orleans Saints coach Sean Payton had a message for the leaders of the team.

Keep the team together. Stay together as a team.

"He was just like this whole speech about just take a look in the mirror, everybody, coaches, players, everybody and get it corrected," said safety Kenny Vaccaro. "He wants to see the leaders on this team step up in times like this and get us out of this hole. That's what it's gonna take. Somebody."

At 1-4, what else can they do?

Kenner apartment fire displaces at least 50 residents | NOLA.com

Kenner apartment fire displaces at least 50 residents | NOLA.com: Kenner and Jefferson Parish firefighters have extinguished a fire at a Kenner apartment complex that left at least 50 people temporarily homeless on Sunday afternoon. Kenner Fire Chief John Hellmers said the estimate of affected people is conservative.