Pop Quiz Want to test your knowledge of the housing market? Just answer the following question: How good a long-term investment is residential housing? A. Terrific.B. Mediocre, at best.C. Both A. and B. Correct answer: C. Huh? “Mediocre” Camp Like the three blind men (maybe they were economists?) and the elephant, it depends what you...Read More
Gov’t. Financial Squeeze = Homeowner Squeeze? The mortgage-interest deduction has been a political no-go zone for decades. The same for local property-tax write-offs. But with billowing deficits and the need to raise trillions to help pay for health-care reform and the economic stimulus bills, somewhere, somehow, Congress is going to be pressed to raise revenue....Read More
