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Soft Case for Home Ownership: Forced Savings/Low Interest Rates

New Orleans        Dueling columns in the Times smashed the drunken or doped spin of the Realtors Association trying to claim that the housing market was “back” and in the “Your Money” section made a soft and shrugging case for home ownership:
“Indeed, many people who are buying at the moment are locking in mortgage rates [...]

Recession Way Not Over: Krugman

New Orleans To be clear Paul Krugman, the Princeton-based, Nobel prize winning, New York Times writing columnist has a dog in this race:  he argued that the stimulus package to pull out of the recession needed to be way bigger from the get-go.  But, looking past the “I told you so,” he is dead on [...]

Homes as Assets and Wealth

New Orleans The New York Times ran the article on the front page announcing that the “era” is over when a family in the United States could reliably expect their personal residences to appreciate and create citizen wealth. Housing Fades as a Means to Build Wealth, Analysts Say was headline on the email version.  This [...]

A Hustle versus a Job

Denver For several years Local 100 represented buggy drivers in the French Quarter of New Orleans.  Any tourist in the city has seen the mule driven buggies lined up in front of Jackson Square to give tours which are a mixture of fact, fiction, and raw personality from the drivers themselves.  In meeting after meeting [...]

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