Protected: Is the Housing Market about to Top Out?
There is no excerpt because this is a protected post. The post Protected: Is the Housing Market about to Top Out? appeared first on The Great Recession Blog.
There is no excerpt because this is a protected post. The post Protected: Is the Housing Market about to Top Out? appeared first on The Great Recession Blog.
…. is from Thomas Sowell’s 1989 article in Commentary “Affirmative Action: A Worldwide Disaster“: The contemporary socioeconomic position of groups in a given society often bears no relationship to the historic wrongs they have suffered. Both in Canada and the United States, the Japanese have significantly higher incomes than the whites, who have a documented […]
…. is from Thomas Sowell’s book Race and Culture: A World View: Group cultural patterns may indeed be products of environments—but often of environments that existed on the other side of an ocean, in the lives of ancestors long forgotten, yet transmitted over generations as distilled values, preferences, skills, and habits. The outward veneer of […]
…. is from Thomas Sowell’s 1990 book Preferential Policies via Jason Riley’s new book Maverick: A Biography of Thomas Sowell: The wrongs of history have been invoked by many groups in many countries as a moral claim for contemporary compensation. Much emotional fervor goes into such claims but the question here is about their logic […]
A weekend topic starting with the Laguna Beach Independent in California. “A court-appointed receiver reported Friday that debts are racking up at real estate developer Mohammad Honarkar’s portfolio of 18 hospitality and event properties in Laguna Beach, according to court records. Honarkar’s properties, with the exception of Hotel Laguna, have been under the control of […]
A weekend topic starting with WFAA in Texas. “In the last 12 months, realtors have seen some home values go up 50% in certain areas — almost 10 to 15 times the normal rate. Dallas realtor Courtney Michalek told WFAA that she lost a bidding war for a home on the battlefield of North Texas’ […]
It’s Friday desk clearing time for this blogger. “Channing Tatum and Jenna Dewan have finally listed their Beverly Hills marital home for $6 million, setting themselves up to face a monetary loss. The former couple initially purchased the home back in 2015 for the same price they are now asking. Taking into consideration six years […]
Some 24% of brokers surveyed in RealTrends Q2 2021 Broker Sentiment Report said that discount brokerages were a top competitive threat. We’re here to tell you, they’re not as big a threat as you might think. Let’s break it down. Since 1977, there have been organized discount brokerage firms or flat-fee firms offering services to […]
Throughout the U.S., luxury homes are the fastest-selling sector of the market, up 41 percent year-over-year in the first quarter of 2021, according to a recent Redfin report. That far surpassed the 7 percent rise for affordable homes and 5.9 percent for mid-priced homes. “The pandemic turned the switch on the luxury market, thanks to […]
In releasing its federal budget request to Congress today, the White House summary did not mention “military,” “defense,” or “national security” once. Within the military’s request, the administration took credit for “the largest ever” investitures in research and development. Investing in the future at the expense of the present will cause friction with Capitol Hill. […]