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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 [...]

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 [...]

Birdseye on Citizens’ Wealth in Atlanta

Atlanta It’s not often I get something that seems like a focus group on Citizen Wealth and the issues it raises, but that’s almost exactly what I enjoyed in Atlanta in a class of 35 on the “Economics of Poverty” where as part of the required reading they had gone through my book with a [...]

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