Readers suggested a topic on the continuing housing bubble. "How long does it really take for the bubble mentality to go away? There has been a slump (long,long overdue) in the sales prices for real estate for a long time in most of the country. There has been an uptick this spring which seems to...
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It's Friday desk clearing time for this blogger. "Under the scheme announced by finance minister George Osborne last week, people will be able to buy new-build homes worth up to 600,000 pounds with only a 5 percent deposit, covering the rest with an interest-free loan for five years, open to all,...
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Readers had some questions on the current housing market. "Two weeks ago on the local news radio station they interview a local hot shot broker. He was gushing over home sales and how great of a summer it was going to be, but what struck me most is he said '81 percent of buyers in 2013 are move up...
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A reader asked these questions. "My wife and I, along with a handful of smart economists & others, feel the coming burst of the USA gov debt bubble will wreak havoc on not only interest rates and inflation, and USA and world finances, and on the middle class thru-out the USA & world, but also on...
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