flatman

On Recent Financial Stories

When in doubt, hire an expensive nationally known consultant. Its a wonderful and costly CYA when you have no idea what to do and don't trust your staff.

The New Market for $700,000 Houses

I think the psychological implications are very evident in the bubble locations because its quite clear that houses are mispriced. The question then comes down to - 'how low will they go'. Some of these places appreciated by 100% in 2 or 3 years. Was that reality or a ponzi scheme?