Saturday, December 6, 2008
Time to buy that first house?
The NYT has a peice out called Maybe It’s Time to Buy That First House. The author tries to shade the article towards encouraging people to buy. He links to a report from the Center for Economic and Policy Research that basically says, don't look for gains in home equity any time soon.
All the talk about bailing out over-indebted home "owners" pisses me off. I'm glad somebody is saying this: "If you’re hoping for a recovery in the housing market, you ought to be cheering on the first-time home buyers."
Subscribe to:
Post Comments (Atom)
-
March's Wired Magazine has an interesting article called The Future of Money . "...an army of engineers and entrepreneurs is ... ...
-
A recent piece in the Economist ( A new anthology of essays reconsiders Thomas Piketty’s “Capital” , May 20, 2107) ends with these words: &q...
-
In The Politically Incorrect Guide to Ending Poverty July's Atlantic profiles economist Paul Romer and his current project, “ Charter ...
This comment has been removed by a blog administrator.
ReplyDelete