“Bets & Side Bets & Bets on the Side Bets” Wall Street has become a place where you don’t lend money to improve local businesses and industry. You basically create new “instruments” — “devices” — to make money yourself. It’s really turned into nothing except a casino, in which Wall Street lends money and then...Read More
Home Amenities: Floor Plan, Updates . . . ‘Walkability’ How “walkable” is any given neighborhood? You can find out by going to http://www.walkscore.com/ and typing in an address. The site, which covers 40 U.S. metro areas, generates a map of nearby services (restaurants, groceries, book stores, coffee shops, dry cleaning, etc.), and calculates both a...Read More
Is the Media Right About the 2010 Housing Outlook? Before tackling how well the media understands the state of the housing market, a threshold question: Does the media’s take on the housing market matter? I think it does, because purchasing a home depends so much on one’s expectations about the future. When people are optimistic,...Read More
