real estate

Who caused the housing crisis? Why do people not believe all the studies?

Summary:  Among our most serious problems is the success of well-funded engines of propaganda at manipulating public opinion, making effective public policy reforms almost impossible.  Here we examine one example, convincing Americans that the government caused the housing bubble.  This is a follow-up to Facts are an obstacle to the reform of America and Who should we blame …

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A briefing about the foreclosure fraud crisis: its origin and impacts

Summary:  An introduction to the mortgage foreclosure fraud crisis.  At this time its size and importance remain unclear, but its evolution and resolution will tell us much about the state of America’s political and judicial systems.  Esp see the links to more information at the end. The story is complex, and well covered elsewhere (see links …

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Here’s an opportunity for the Tea Party: fighting foreclosure fraud by banks!

Summary:   The long recession has brought forth episodes of oppression and lawlessness that cry out for citizen activism.  Another Tea Party.  But we snooze on.  Here’s one such, and reports of the some embers of the Republic which still burn brightly.  At the end are conclusions and links (for those who would like to know …

Here’s an opportunity for the Tea Party: fighting foreclosure fraud by banks! Read More »

Housing Update – dynamite to blast us out of our lethargy?

Summary:  Housing statistics are often misrepresented.  Much of the analysis comes from industry shills, and the data during this downturn challenges the long-standing American love of real estate.  Today the Census provides a powerful follow-up to Cutting through the fog to clearly understand the housing crisis. Today’s bleak news from the Census Department: a stunning and record-high 19 …

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Today’s example of the inscrutable mystery of China’s economic statistics

When the subject turns to China, everybody gets not only their own opinions, but their own facts.  Is China booming or crashing?  Since the government data is not trusted, people look to private sources — which often adds to the confusion. BusinessWeek, 11 May: “China’s property prices rose by a record 12.8% in April from …

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