The scope of the problems that exist in the United States Mortgage market are huge. Enormously, mind-bogglingly, “How Big Is Space?” type huge. Yet, the problems are almost entirely on a retail level, when one provider works with one consumer. The system works, and it works extremely well. Consider: Most consumers in Europe or any …
Monthly Archives: August 2024
Estate Tax
I have never liked or favored the estate tax, and yet I was very much of two minds about actually abolishing it. It actually did die for a year, before the legislation sunsetted and things reverted to the previous status quo, although it’s to be admitted the exemption amounts are now significantly larger. Estate tax …
Let us Disagree Without Being Disagreeable
Scott Kirwin of Dean’s World directs us to Harry Stein column in City Journal, and then amplifies on one aspect, saying that he, too has a mixed marriage, and that it works very well and helps make him and his wife better people. He quotes Gerald Ford, “We can disagree without being disagreeable.” First off, …
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The 2006-8 Housing Bubble
“Housing Bubbles” were invented by stock brokers, and real estate remains, and will almost assuredly remain, your absolute best investment.” (me again) Actually, California pricing has reliably gone through cycles within my lifetime. We have hit the peak of the fifth one I remember (1991 was the last peak, which makes this the longest period …
For Sale By Owner
I’ve been taking a long look at the world of For Sale By Owner and similar concepts lately. With the digital revolution, you always want to be watching the tide to figure out if you’re in a business that’s about to go the way of milk delivery and diaper service – a few left, but …
What can I do to Qualify for a House or Mortage?
There are a fair number of specific helpful suggestions to make in helping you purchase a home. All of them revolve around the loan. Let’s face it, the loan is far and away the most hypothetical and uncertain part about most real estate transactions. If there is a non-loan related problem, chances are that you …
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Two Things That Have Nothing To Do With Each Other
This really ticks me off. It happens that I agree with them that space is the better long term investment. I think a permanent presence in orbit and in the Asteroid Belt is likely to be one of the best things we can do for ourselves technologically and industrially (Kuiper Belt/Oort Cloud can come later). …
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Salesgoodspeakian to English
It may not come as a shock to you, but loan officers, along with many other salesfolk, speak a different language than the rest of the population. What will probably annoy you, however, is the number of times they’ll say something that sounds like a phrase out of English, but really is from Salesgoodspeakian, a …
Pre-requisites of Investing
It shouldn’t surprise anyone that there are things you should do before you make your first investment. The SEC, NASD and all of the various other financial planning organizations all explicitly list three things that should be in place in most cases prior to making your first investment in anything. The first of these is …
Islam, Historical Christianity, and Reform
Done With Mirrors had a post that gave me the idea for this, and alerted me to an excellent article illuminating the subject at Donklephant I want to compare and contrast the history of Islam with that of Christianity. Christianity was founded in a time of a strong civilization and empire. At the time of …
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