Archive for the 'bailout' Category

I dream of California cognitive dissonance – Many Californians expect high level of services without paying the cost. The typical mortgage payment for those that bought last month was $964?


How will mood be impacted for the next decade because of the real estate bubble bursting? Lessons from the Great Depression Part 35. The changing psychology on American housing.


The twin bubbles of housing and higher education – housing bubble expanded from 1997 to 2007 and imploded. Since 2000 tuition costs have been soaring but graduate pay has been falling. What happens when you price out a generation looking for starter homes?


The arrival of housing purgatory – Why is housing experiencing one of its worst sales years even with the 30 year fixed rate mortgage breaking into the 3 percent range? A case as to why housing will remain a poor investment deep into 2015.


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