Posts tagged as:

bailouts

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

1 comment Read the full article →
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 [...]

0 comments Read the full article →
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 [...]

2 comments Read the full article →
Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.