Changing The Animal Spirits With Drunken Sailor Money

Readers suggested a topic on housing policy. "I hope everyone enjoyed the debate last night. I wanted to differentiate between D or R while making a vote next month as regards to following topics and would make a decision accordingly. I think one is Pepsi and other is Coke, both same but different...
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The Old Order Is Sucking The Life From The New

It's Friday desk clearing time for this blogger. "It used to be that Chinese buyers who purchased property in New York did so because the city’s durable real estate market was both a reliable and potentially lucrative investment. Now, however, affluent Chinese buyers are more likely to seek out Big...
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Real Estate Seemed Like A Smart Choice

The News Journal reports from Florida. "A few years ago, the oceanfront land that straddled the eastern tip of Oakridge Boulevard was the home of some time-worn motels that didn't have the big city feel or luster of the new hotels that local leaders felt the primo beachside land deserved, and...
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Yesterday’s Dreams, Yesterday’s Economy

The Province reports on Vancouver Canada. "Greg Jeanine is one of hundreds of Metro Vancouver property owners frustrated by futile attempts to sell their condos, townhouses and homes in a market where sales and prices have slumped. His two-bedroom condo in East Vancouver on Eton Street, priced...
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One Of The Elephants In The Room

Readers suggested a topic on foreclosures. "Is the Financial Accounting Standards Board responsible for the shadow inventory? If it wasn’t for them reclassifying mark-to-market rules would it mater what the Fed or the Government does to fix the housing market. I say these guys are at the heart of...
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A Price To Pay

It's Friday desk clearing time for this blogger. "As debate rages about whether the Federal Reserve's aggressive asset-buying policy will revive a frail economy, some prominent central bank watchers have made it clear just where they stand on the subject. 'The Fed will write $1 trillion or more in...
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