It’s hard enough — as a busy Realtor — keeping up with new listings, pre-list’s, pending sales, showings, inspections, walk-thru’s, closings, listing presentations, networking, etc. for a stable of a dozen or more concurrent clients. The last thing I’m interested in doing is becoming an expert on the various downpayment assistance programs that seem to...Read More
It’s been said “there are no atheists in foxholes.” Apparently, the economic equivalent is “there are no true Free Marketers during depressions,” either . . . –Barry Ritholtz, The Big Picture Regular readers know I’m a big fan of blogger (and fellow former attorney) Barry Ritholtz (“The Big Picture”). Quotes like the one above are...Read More
The OTHER Problem with Sky-High Gold Prices No, Donald Trump doesn’t have that many ex-wives (yet). What I actually had in mind was the distorting effect high gold prices have on economic activity. That’s in addition to the economic cost associated with skittish, defensive investors shifting a fraction of their liquid assets from “fiat money” (paper) to...Read More
