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Tag Archives: Thomas Sowell
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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Thomas Sowell On Dennis Prager’s Radio Show Today
Dennis Prager: “What role did Wall Street play in producing the current recession?” Sowell: “They played the role of suckers who bought mortgages that weren’t worth what they paid for them. “A system had been set up whereby the government … Continue reading
Posted in Dennis Prager, Thomas Sowell
Tagged Dennis Prager, financial institutions, house of cards, subprime loans, Thomas Sowell, wall street journal
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The Housing Boom And Bust
I’ve been blogging about mortgage refinance for a couple of years, strongly influenced by my free market economics background at UCLA and by this 2009 book by Stanford economist Thomas Sowell: Did You Hear About The 89-Square Foot House? Home … Continue reading
Posted in Real Estate
Tagged boom and bust, economist thomas sowell, foreclosure auction, free market economics, henry cisneros, Thomas Sowell
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