It’s hard to work up much sympathy when you hear corporate executives lamenting about some economic problem that’s holding their business back. After all, they’re getting a seven-figure bonus to…
housing market
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This Winter put a damper on the economy, which is pretty amazing when you think about it. Even in the absence of epic snowstorms and traffic-snarling ice, winter has never…
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One of the frustrating things about personal finance is watching people, smart people, make the same mistakes over and over. Those bad decisions happen at the personal level, then bubble…
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We are all a product of our experiences, events that shape out our perceptions and personal philosophies What shaped my view of the housing market was a history of real…
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Housing has always been a poor investment, and I have been saying so for as long as I’ve been writing about personal finance. That’s the retail, owner-occupied housing market, not the…
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Last month housing starts in the US were up nearly 23%, signaling that there is still a lot of pent-up demand for new homes. As Americans line up in near…
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For generations of Americans, a home was not only shelter, but was part of their retirement nest egg. That was the genesis of the 30 year mortgage; you worked your…
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