Jan 12 2009
Homeownership: Is a High Homeownership Rate Good Policy? No. Examining 3 Cycles of Homeownership Data over 100 years and Implications for the Economy.
The current housing crisis has left us with an opportunity to examine the driving issue behind a high homeownership rate. Is it really worth it to push for an economic policy that champions a high homeownership rate? The problem with blanket statements is they usually play into herd mentality and feed into group think. One [...]
Dec 31 2008
Housing Bubble Genesis: 5 Reasons that Didn’t Cause the Housing Bubble and 5 Reasons that did.
There is a danger in having power. Credit at least many decades ago was seen almost as an extension of the morality of the borrower. That is, the way credit was given many times reflected the capacity, collateral, and character of the borrower. Main Street is already feeling this recession like the worst since World War II and [...]
