Category Archives: Fresh Perspectives

The real estate economy is complex, with many differing angles and opinions.

The euro crisis reaches the core

Greece, as it turns out, was the Eurozone’s canary. The canary was resuscitated and a small rescue mechanism was set up to revive a further canary or two – but beyond this the warning was ignored. The miners kept on working. They convinced themselves that this was the canary’s problem. Continue reading

Posted in Economic News, Fresh Perspectives | Tagged Debt, Greece, Stock Market, The Euro | 1 Comment

Has Real Estate Bottomed? Here’s How to Tell

The absence of stories about the bottom in housing will mark the final nadir, because the real bottom can only be reached when everyone has abandoned housing as a pathway to easy money. Only when the public and investor class alike have completely lost interest in real estate as a “sure-fire” investment can the real trough be reached. Continue reading

Posted in Fresh Perspectives, Real Estate Data | Tagged Home Prices, Housing Bubble | 1 Comment

Strategic default is moral imperative to prevent future housing bubbles

Underwater loan owners with payments exceeding rent have a moral imperitive to strategically default to provide deterence for banks to inflate future housing bubbles. Continue reading

Posted in Fresh Perspectives | Tagged strategic default, Strategic Defaults, Strategic Foreclosure | Leave a comment

4 Ways The Government May Try to Stabilize the Housing Market

The only reason why all of these “extend and pretend” gimmicks are needed is that, with home prices at their current levels, there simply isn’t enough demand. If Uncle Sam would get out of the way and let prices find their bottom, then, by definition, there would be appropriate demand and the housing market would be in harmony.
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Posted in Fresh Perspectives, Home Economics, The Daily Hotsheet | Tagged Foreclosures, Home Prices, Obama, Principal Reduction, Shadow Inventory, Strategic Defaults | 1 Comment

Permanently High Plateau Theory Touted for Australia Housing; Real Estate Agents Refuse to Disclose Sale Prices

At the height of every boom, bullish clowns inevitably come out of the woodwork touting the “permanently high plateau” prices will not drop much theory.
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Posted in Fresh Perspectives, Home Economics | Tagged Australia, Home Prices, Housing Bubble | Leave a comment