Is There a Bad Bet with the MacroShares Housing Funds? [View article]
There are actually several subtleties with these instruments. For one, the expenses are likely to be higher than 1.25%. I cover the issues here: blog.lucidrealty.com/2.../
Just How Terrible Is Housing as an Asset Class? Roubini Weighs In [View article]
The idea that a home is a great investment is one of these myths propagated by the government and the real estate industry. The government has a vested interest in people owning homes because people who own homes don't launch a revolution against the government. In case you are interested I did a post a while back on housing prices in Chicago (where I live) and what has really happened with them. It's just not a great investment. The story is the same for other cities as well. blog.lucidrealty.com/2.../
Is There a Bad Bet with the MacroShares Housing Funds? [View article]
Just How Terrible Is Housing as an Asset Class? Roubini Weighs In [View article]
blog.lucidrealty.com/2.../