The next component of the ongoing economic policy roll out is the housing support announced by Obama yesterday. The real estate business is the epicenter of our current crisis so calming things down in housing is essential to the success of the whole economic recovery plan. Here are the details of the plan, from this […]

Well done California. A temporary reprieve from disaster and an opportunity to spend some time pondering the medium or longer term actions necessary to get control over its fiscal house. But at what a cost. The stupidity of the last few months has been the nature of the discussions. The Democrats and the Governor had […]

For those of you who want to delve into data, here is today’s press release about housing starts: Housing Starts Drop Again. We are well past noting this as news. Our national obsession with home ownership was what propelled us into this mess, so it is only natural for the construction industry to be dire […]