Simple Answer to Stupid Questions
Until we get down to realistic home sizes, affordable mortgages, and adequate capital, housing prices will continue to fall.
Read moreUntil we get down to realistic home sizes, affordable mortgages, and adequate capital, housing prices will continue to fall.
Read moreThe best we can do, moving quietly and stealthily, is see another decade of stagflation as in the 1970s. Each ...
Read moreHere is what is inevitable. Many, if not most, home mortgages taken out over the last decade are going underwater. ...
Read moreIt will take at least four years to end the insanity. If you're in the market for a home during ...
Read moreThe best argument for a general U.S. recession is this. The U.S. consumer has been pulling the world economic train ...
Read moreA $100 million "jumbo" mortgage bond will have sub-prime notes mixed in with the good stuff, and there's no way ...
Read moreThis will just take time to play out. Accept that, as well as a large fall in prices, and you're ...
Read moreI know what a housing recession looks like, and this one has barely begun yet.
Read moreUnemployment rates don't tell the story of this economy because so many of us have become "contingent" workers with "contingent" ...
Read moreBefore you buy, make sure you can easily handle the payments on a fixed, 30-year note. You don't want that ...
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