Housing and Economic Predictions for 2012 and Beyond

The Future is Here

As 2011 draws to a close, I once more look to past and current events to provide insights for my housing and economic predictions for 2012 and beyond; and what I see is both problematic and disheartening. Having experienced four years of instability in the housing market and with unemployment remaining at . . . → Read More: Housing and Economic Predictions for 2012 and Beyond

Strategic Default, Principal Forgiveness and the Specter of Moral Hazards

Continued Struggles for Housing

As we wind up year four of the worst housing crisis since the Great Depression, the country still faces the issues of strategic default, principal forgiveness and the specter of moral hazards. It now seems obvious that waiting for an illusive housing recovery is an exercise in futility, for we’re no closer . . . → Read More: Strategic Default, Principal Forgiveness and the Specter of Moral Hazards