December 14, 2007
Solvency, or just liquidity?
Krugman says some big financial institutions are probably insolvent, not just illiquid. But is he right?
September 08, 2007
August 06, 2007
Reforming "bankruptcy reform" for housing-bubble victims
If people have to walk away from their homes as the bubble bursts, let them walk away. Don't make them keep paying for housing they're no longer living in.
April 10, 2007
Buying a house? You're just throwing money away!
The NYT deconstructs real-estate-agent investment hype.
August 24, 2006
Look out beloooooooowwwwwww!
What soft landing? A house in Herndon, Va., goes on the market for what seems like a realistic $1.1 million, sells for $530,000.
July 29, 2006
Is housing finally on the way down?
The CME housing futures contracts are now trading, and they predict a drop of about 5% over the next nine months in ten cities with hot markets. That expectation isn't sustainable. The bubble could be about to pop rather explosively.
