monoloco

Housing: 'We're About to Have a Big Problem'

I know of several people who could afford to keep making their mortgage payments but have decided to default because they are upside down on their mortgages. I wonder how many will follow this path. It seems to me that the deflation of real estate has a long way to go.

Obama's Misguided Ethanol Policy

I'm tired of people who don't know what they are talking about slamming the Canadian health care system. I have many Canadian friends and have yet to find one who would trade their system for ours.

Housing Bailout: Crony Capitalism Comes to America?

A bailout is just propping up an overvalued real estate market. Let the market sort this out and millions of people who were priced out of this overblown markets will be able to afford to buy homes.