I have nothing against people owning homes, even though I’m regularly down on the retail real estate industry and the debt associated with mortgages. It would be great if we…
real estate investments
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A pair of opinion polls carried out earlier this year brought to light some interesting views about the American Dream. While the dream is indeed dead for many, it’s not…
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When I was inexperienced buying homes and before I took up real estate as a sideline business, I used to think that home inspections would protect me from making a…
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Money
Michigan Governor Hungry for Chinese… Citizens, to Live in Detroit
by Bruce Haringby Bruce HaringThey’ve come up with a new plan to rescue bankrupt Detroit. They’re going to sell it to the Chinese. Michigan Governor Rick Snyder, who made a living in business before…
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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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In the years prior to the housing crash, builders were getting silly with the size of houses. Even in relatively modest neighborhoods, it was not unusual to find homes that…
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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…