Posts Tagged ‘real estate reform’

While you are waiting for Luckiest Man, download a free copy of the book that inspired this site

Wednesday, June 8th, 2011 by Al Lewis (alewis)

The idea to market Lou Gehrig jerseys to raise proceeds and awareness for ALS was first made public in the economic policy humor book Why the Heck Aren’t We Already Doing This Stuff? 12 Economic Policy Ideas Even a Congressman Could Understand. air max pas cher pour homme Mochilas Kanken Infantil fjallraven kanken pas [...]

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How to Boost Home Sales Permanently…at No Taxpayer Expense

Tuesday, September 7th, 2010 by Al Lewis (alewis)

Housing sales can be boosted siginificantly — at no taxpayer cost — bythe federal government taking one simple step to reform the way houses are bought, sold, and financed.

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Tuesday, January 19th, 2010 by Al Lewis (alewis)

President Obama has often said that it would be a shame to waste this economic crisis.  Nowhere is that more true than in real estate, where federal homebuyer tax credits up to $8,000 are barely denting the mortgage foreclosure rate.   Instead, let’s use this crisis to try a new approach:   slashing the 6 percent real [...]

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Central Market for Real Estate Closings and Loans

Thursday, March 12th, 2009 by Al Lewis (alewis)

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 [...]

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former new england patriot hernandez charged with murder

Thursday, November 20th, 2008 by Al Lewis (alewis)

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

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