Las Vegas Homeowners Lose Their Bets as Home Prices Fall [View article]
Mark - Really appreciate the research and numbers your put into your article. Your article prompted me to take a quick look at more recent numbers in Las Vegas as of May 1 to augment what you've written here:
John Taylor Clears the Way for an Informed View of the Financial Crisis [View article]
Ira - Nice work on detailing Taylor's article. He's an important voice of reason when evaluating the current housing and mortgage situation. Hopefully policy-markers and market participants will understand that simply dropping interest rates will not be a panacea for the market.
His paper is one that I've referred to myself here on Seeking Alpha (seekingalpha.com/artic...) and your complete analysis of his paper is appreciated.
Las Vegas Homeowners Lose Their Bets as Home Prices Fall [View article]
seekingalpha.com/insta...
Nice work.
John Taylor Clears the Way for an Informed View of the Financial Crisis [View article]
His paper is one that I've referred to myself here on Seeking Alpha (seekingalpha.com/artic...) and your complete analysis of his paper is appreciated.