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June 24, 2012

The (Rest of the) Michael Burry Story

Punishing the Whistle Blowers “I saw the crisis coming; why didn’t The Federal Reserve?” –Dr. Michael Burry, 2012 UCLA Economics Dept. Commencement Address If you read Michael Lewis’ “The Big Short,” you doubtless remember Michael Burry:  the brilliant, one-eyed medical doctor/investment savant with borderline Asperger’s who predicted — and cashed in on — the looming financial...
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Scooping the ‘Strib on Virtual Staging (By a Little)

OK, Two-Plus Years I started writing about virtual staging on this blog almost 2 1/2 years ago (“Is Virtual Staging ‘The Next Big Thing?‘”), and began using it for clients a few months later. The Star Trib? Today’s Sunday paper has an article titled “Sellers Turn to Virtual Staging.” Previously on this blog: –“Virtual Staging:  Ready...
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High Mpls. Property Taxes Set in Motion Negative Feedback Loop

Virtuous — and Vicious — Cycles What happens when a for-sale home saddled with sky-high property taxes doesn’t sell?  Frequently, the owner opts to rent it out instead. Fast forward 2-3 years, when the surrounding block and similar ones are not-so-suddenly studded with rentals. Prospective home Buyers who want to be surrounded by other homeowners balk —...
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