One Man’s Revenues & Profits = Another Man’s Expenses & Taxes If selling off a publicly-owned entity to the private sector is known as “privatizing,” doesn’t it stand to reason that when government takes over a private company, it should be known as “publicizing?” Apparently not: “In Boulder, Colo., climate-change activists have helped win two major...Read More
Ben Bernanke’s Mortgage “Fools rush in where angels fear to tread.” –Proverb “This side appears to be brown.” –Joke about what a CPA will answer, when asked what color a horse standing 50 feet away in a pasture is. When clients ask me where I think home prices are headed, my standard Realtor answer is,...Read More
New High Tech Headquarters: ‘the Cloud’ “Eventually, the founders of TOA Technologies headquartered in Cleveland. Why not? As they say: “On the Internet, no one knows you’re a dog” ” or in Cleveland or Mosul.” –Thomas Friedman, “Makers and Breakers“; The NYT (11/9/2014) I don’t know how much homes in Cleveland cost, but I’ve got...Read More
Lies, Damn Lies, and Housing Predictions “Government statistics are often questionable and sometimes turn out to have been highly misleading. Unfortunately for policy makers, such errors are most likely to be severe at precisely the time that the economy is turning around.” –Floyd Norris, “Doubting the Economic Data? Consider the Source”; The NYT (11/6/2014) “It’s...Read More
“Moving out of a house is overwhelming in general, but it is perhaps even more unnerving later in life, when one is not only shedding the physical objects that are accumulated over the years but also unwinding a lifetime of memories, even recreating a sense of self.” –“Real Estate Agents for Older Adults Are Part...Read More
Renaissance Men “I wasn’t the fastest guy in the world. I wouldn’t have done well in an Olympiad or a math contest. But I like to ponder. And pondering things, just sort of thinking about it and thinking about it, turns out to be a pretty good approach.” –James Simons, “A Billionaire Mathematician’s Life of...Read More
