Comments on: Slouching Towards DC: A New Era in Real Estate?

By: Notorious R.O.B. – Seven Predictions for 2011, With Music Videos! - Notorious R.O.B.

Thu, 23 Dec 2010 01:05:38 +0000

[...] that America has become since the New Deal. I wrote about what the Obama Administration is up to here, here, here and here. Much of that is likely to be proven wrong in 2011, but at the same time, a [...]

By: Welcome to the New *#&@%@ Normal! | Notorious R.O.B.

Welcome to the New *#&@%@ Normal! | Notorious R.O.B. — Wed, 25 Aug 2010 16:41:29 +0000

[...] been writing on the Obama Administration’s new housing policy for the past few weeks. Of course, that [...]

By: robhahn

robhahn — Fri, 30 Jul 2010 04:27:48 +0000

Brian, in a normal political environment, I'd agree. But I also never thought we'd see the Federales take over GM, nationalize the entire student loan industry, take major steps towards socialized medicine, sue a sovereign state of the union for wanting to enforce Federal law, and a dozen other examples besides.

I think the mortgage interest deduction is probably history come 2012. The political risk is actually quite negligible, and if this Administration cared that much about economic risks, I haven't seen signs of it yet.

-rsh

By: robhahn

robhahn — Fri, 30 Jul 2010 04:23:23 +0000

I discuss this a bit further in Part 2, which I posted today. Looks to me like a new market for commercial mortgage derivatives is in our future, at the expense of the residential mortgage market.

By: Duncan Logan

Duncan Logan — Thu, 29 Jul 2010 23:38:08 +0000

I agree with MarkBrian, who will benefit from the change.

The more we intervene against free market forces the more we create issues for the future. Popular political decisions today rarely come without unpopular consequences in the future.

We need to take our medicine, accpet some tough conditions to get back to a "real"economy

By: Slouching Towards DC, Part 2: A “Balanced” Policy | Notorious R.O.B.

Thu, 29 Jul 2010 19:54:29 +0000

[...] part 1, I laid out some hints of what the Obama Administration has in mind for a new federal housing [...]

By: Nick Allen

Nick Allen — Thu, 29 Jul 2010 09:12:30 +0000

Interesting read, while I certainly think there are major moral and sustainability questions with our credit industry providing loans to those who clearly cannot afford the payments, I certainly do not think nationalizing some mega rental agency is the answer.

The primary cause of the entire problem is that wages for lower and middle income families has remained stagnant while costs of living has increased (housing, transportation, education, etc.). Perhaps the best solution would be for us working folk to ask for more money from our bosses. I will ask my boss for a raise and let you all know how it goes.

On a more serious note, great read, certainly something to follow..

By: home mortage : : Why Do I Care and Why Should You? - Insurance Today

home mortage : : Why Do I Care and Why Should You? - Insurance Today — Thu, 29 Jul 2010 03:25:07 +0000

[...] I have read several articles such as this one and especially an excellent article here that quite frankly scare me. While I am strongly opposed to the very policies that created the real [...]

By: markbrian

markbrian — Thu, 29 Jul 2010 00:40:22 +0000

As with almost any shift in government policy or the law, I am left to wonder who is really going to benefit from this change?

By: Why Do I Care and Why Should You? « Markbrian's Blog

Why Do I Care and Why Should You? « Markbrian's Blog — Wed, 28 Jul 2010 22:55:35 +0000

[...] I have read several articles such as this one and especially an excellent article here that quite frankly scare me. While I am strongly opposed to the very policies that created the real [...]