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Category Archives: Economics
Blowing Through Your Inheritance
A Catholic priest who converted to Judaism said: “Teaching is a rewarding task, but in America a teacher is a long way down the community ladder. He has no prestige or vital influence. American Jews in particular find it difficult … Continue reading
Posted in Economics
Tagged american jews, financial circumstances, new york state legislature, rewarding task, vital influence, york state legislature
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Reasons For The Texan Economic Boom
How is the real estate market different in Texas than in California? Well, much of California’s land, particularly by the coast, is off-limits to development. With less land available to develop, land prices in California have skyrocketed over the past … Continue reading
Posted in California, Dennis Prager, Economics, Real Estate, Texas
Tagged boom and bust, bureau of economic analysis, Dennis Prager, dramatic realignment, industrial powerhouse, Thomas Sowell
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Homeowners In Distress Get A Break
I fail to be heartbroken that millions of Americans bought more home than they could afford and that they are now struggling to stay in it. Why should I care about people’s bad financial decisions? Why is the decision to … Continue reading
Posted in Economics, Real Estate
Tagged bad decision, bad decisions, financial decisions, price declines, repossessed houses, york times reports
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More People Renting, Fewer People Owning
I cover real estate, refinance and mortgages here: Home Values Fall As Foreclosures Rise Time To Raise FHA Downpayments? Perverse Incentives In The Housing Market Retiring Fannie Mae, Freddie Mac Who Profits From Jumbo Mortgages? Do You A Debt-Free Retirement? … Continue reading
Posted in Economics, Real Estate
Tagged existing home sales decline, mortgage adviser, mortgage consumers, mortgage fraud, mortgage meltdown, state ags
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