WhyTheHeck

Next to “plastics” the most famous line in The Graduate might have been where Benjamin announced to his father that he was going to marry Elaine Robinson.  Mr. Braddock firsts proposes congratulating the Robinsons (who Benjamin says haven’t been told), then Elaine (ditto) and finally asks:  “When are you going to pop the question?”   Benjamin [...]

Government sanctioned home ownership, while encouraging paying off mortgages.

For the higher ups in charge of the fiasco they call a recovery plan!

Unlike the real estate brokerage cartel, the real estate mortgage lending/refinancing business is reasonably competitive and there is no obvious market failure. 
However, we cannot underestimate  the importance to the economy of reducing transactions costs for residential real estate.   (In case you have missed our other postings on this topic, perhaps because you’ve been living in Biosphere [...]

This Posting sumamrizes the Best of the Ideas from the only website paying $1-million for Yours

My name is Lisa Jacobs and I am a highly educated woman with a M.D. and a M.P.H.. I am also an ex of a real estate investor who was a graduate of Harvard Law School. We were real estate investors. My ex was fed up with dumb agents showing us what we did not [...]

Almost every house sold includes a real estate commission of 5% or more. Eliminate that real estate commission – or vastly reduce it – and the value of every house theoretically rises 5% with no change in price. This would facilitate selling by the owner and/or create more equity in the owner’s house if they don’t sell. While 5% more equity will not solve the housing crisis, it would put a noticeable dent in it…and that 5% might otherwise have been taken out of the government bailout fund. This posting shows how to do exactly that

 
The solution to the housing crisis –and part of the solution to our economic downturn — is right at America’s doorstep. Let a million more well-to-do immigrants into the country, to buy and rent the unused units, and to start spending money.
 
There is no other choice.  The solution certainly won’t come from within the US [...]