Saturday, November 28, 2009

Flashback 2005: Margaret Hwang Smith and Gary Smith said "there is no bubble"

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Margaret Hwang Smith and Gary Smith , economics professors at Pomona College in Claremont, California, argued in a paper titled " Bubb...
15 comments:
Friday, November 27, 2009

Quote of the day

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This quote from Dean Baker —one of the first economists to notice the housing bubble (about a year-and-a-half after I noticed it, but I digr...
1 comment:
Thursday, November 26, 2009

Federal housing subsidies are insane

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Federal housing subsidies are insane.
9 comments:
Wednesday, November 25, 2009

GDP revised downward

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From The Wall Street Journal : What last month had appeared to be third-quarter growth of 3.5% in gross domestic product turns out to have b...
1 comment:

Cato on the housing crisis

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The Cato Institute's view of the housing bubble and resulting financial crisis: The housing bubble and its aftermath arose from market d...
13 comments:
Tuesday, November 24, 2009

Almost one-quarter of mortgage borrowers are underwater

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From The Wall Street Journal : The proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled t...
18 comments:

Existing home sales up 23.5% year-over-year

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The month-over-month change was 10.1%: Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a r...
8 comments:
Thursday, November 19, 2009

Housing starts fell significantly in October

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Month-over-month housing starts fell in October: In a blow to the optimism that had surrounded the U.S. housing sector in recent months, hou...
17 comments:
Wednesday, November 18, 2009

Five myths about homeownership

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Joseph Gyourko, chairman of the real estate department and the director of the Zell/Lurie Real Estate Center at the University of Pennsylvan...
39 comments:
Monday, November 16, 2009

When did the housing bubble begin?

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The Wall Street Journal asks when the housing bubble began: Why should we care when it all began? It’s politics. If the housing bubble began...
44 comments: