Tag

flaw

Home Owner/Seller: “That Crack in the Foundation Floor is On Purpose” (Yeah, Right!)

Gullible Homeowner?  Not So Fast . . . It sure sounds like a line:  a builder who tells their client that they intentionally put a crack in the foundation floor to alleviate settling-related stress. But, it happens to be true. The two caveats:  1) it should be a small crack, barely more than a hairline; and...
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Homes That Have Been For Sale FOREVER (and a Day): Potential Buyer Opportunity — or Not?

Long-in-the-Tooth Listings Even in a Seller’s market where listings vanish in the blink of an eye, they’re out there:  homes that have been on the market, through rain and shine, winter and summer, seemingly year after year. What gives? Or perhaps more to the point, is there an opportunity to be had? “Days Years on...
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Flushing Two Centuries of Economic Theory, or, Never Mind About Human Rationality

Economist:  “Assume You Have a Can Opener”* Everything I learned about economics at Stanford turned out to be useless. In fact, worse than useless, because it was wrong, and therefore had to be flushed (unlearned). (Sorry, Mom; sorry, Dad.  Thankfully, not everything I learned in college was for naught.) Economics’ Dark Age In Stanford’s defense,...
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