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If ReMax or Century 21 doesn’t work, the power of prayer can’t hurt, especially at $6.99.
Archive for the ‘House-price bubble’ Category
April 13th, 2008
Category: Energy and Environment, House-price bubble
Kevin Drum correctly lands on the $25b homebuilder cookiejar in the Senate’s housing bill (passed on Thursday) with both feet. Is it fair to pile on? You betcha; anyway fairness has almost nothing to do with the part of this outrage Kevin doesn’t mention, which is the lunacy of subsidizing housing in any way with [...]
March 25th, 2008
Category: House-price bubble
McCain’s approach to domestic policy seems to be designed to make his approach to foreign policy look knowledgeable and sophisticated.
December 14th, 2007
Category: House-price bubble
Krugman says some big financial institutions are probably insolvent, not just illiquid. But is he right?
December 11th, 2007
Category: House-price bubble
New developments become instant slums as abandoned homes deteriorate.
November 27th, 2007
Category: House-price bubble
High housing prices are A Bad Thing. Let ‘em fall, say I.
October 14th, 2007
Category: House-price bubble
SIVs were in the business of borrowing short and lending long. Now that the subprime crunch has cast doubt on the value of assets they were borrowing short against, they’re in a world of hurt, and so are the big financial institutions that sponsored them. If they have to dump their assets, the liquidity squeeze will get worse. But that’s life in the big city; the Treasury shouldn’t bail them out, or pressure the less greedy financial institutions to help bail out the more greedy and stupid ones.
October 1st, 2007
Jesus gives good advice on subprime loans.
September 26th, 2007
Category: House-price bubble
Can the housing bubble properly suffer a meltdown?