bailouts

Commentary

A Great Way To Start The Year

by Richard Warren | January 11, 2010
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So here we are in a new year – 2010. Just two days in I managed to accomplish something that I hadn’t done in many years – I got sick! I’m not talking about not feeling great and dragging yourself through a day while you feel miserable. I’m talking in the bed unable to do [...]

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Commentary

The $8,000 Tax Credit Question: Are We Setting Ourselves Up For An Even Bigger Problem?

by Charles Feldman | November 14, 2009
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This is where is gets interesting…like it hasn’t been already, right? Now that the $8,000 first-time home buyer tax credit has been extended to loans that close by the end of June, 2010….and there has been an addition of a $6,500 credit for so-called “move-up buyers”-we wait to see what impact it will have on [...]

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Commentary

Novel Notions To Kick the Real Estate Market Into High Gear

by Charles Feldman | August 5, 2009

Okay. I have waited long enough. I have sat back and watched as all those so-called “experts” came up with all sorts of schemes to save banks, car companies, brokerage houses, their own asses, space ships (maybe not space ships…but, hell, why not?) and democracy. It is about time I stepped in with my own schemes (I mean plans) to fix what is wrong with the entire housing/real estate market. I know this is bold of me, but someone has to do the dirty work and I figure it might as well be me!

Of course, I am not above stealing (I mean adopting) the programs of others for my own purposes. Does this make me a bad person? I think not! It may make me a politician, but not a bad person.

Cash for Stinkers

First, then—-we have cash for clunkers…why not cash for stinkers? All those homes on the verge of foreclosure

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Commentary

Need a Housing Bailout? I Admit it, I’m Unsympathetic to Speculators

by Brendan O'Brien | February 21, 2009

Have you heard of Scott Mintz? The LA chiropractor bought four houses, leveraging heavily in the expectation that real estate values would rise forever. Shockingly, they didn’t. Now, every one of his houses is underwater. Mintz not only wants his loans refinanced, he’d like the lenders to reduce his loan principal to reflect their current [...]

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Blogs

A National GO Zone?

by Richard Warren | January 12, 2009

When portions of the gulf coast states,                                                    Alabama, Louisiana, and Mississippi, were ravaged by Hurricane Katrina in 2005, the Government stepped in to create the Gulf Opportunity Zone, or GO Zone. The idea was that the best way to attract private investors to the area was to create tax incentives that were too good to [...]

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