Bottom-pickers have smelly fingers. Ever since the first local home price declines of 2006, there have been groups calling the bottom. Realtors, mortgage brokers, home builders, and various economists crawl out of the woodwork each Spring to announce that home prices are about to start going up. Their logic is always flawed, their data too [...]
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It’s refreshing to see the concept of home-ownership as The American Dream continue to get debunked – especially by respected, hip publications like Dwell. The American Dream, some say, is all about owning a home. Here’s how you can live the dream without the picket fence or the mortgage. From An Introduction to Renting: I rent. [...]
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While the bubble itself has popped, we as a society remain driven by the same greed and egomania that got us into trouble in the first place. We are traveling the down same road as before, in the same direction. Despite the warning signs and mounting debts, we still think this is the road to [...]
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One of the big problems with the media is that they get a lot of revenue from the real estate industry. For newspapers, and even online companies like Trulia and Zillow, their customers are real estate agents -and they often pander accordingly.
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February 7, 2012
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