By The Tim on May 13, 2013
There was an interesting article in the New York Times last week that caught my attention: Homeownership May Actually Cause Unemployment Homeownership is a good thing, for the individual and for society. Or so American governments, whether Republican or Democrat, have long believed. The benefits have been cited repeatedly in justifying the existence and expansion [...]
Posted in National, News | Tagged Economy, homeowners, New York Times, unemployment
By The Tim on May 20, 2011
Here are a few recent articles of interest that I thought might be worth discussion. Calculated Risk: The upward slope of Real House Prices I don’t think we have to choose between real prices and price-to-rent graphs to ask “how far out of line are house prices?” I think they are both showing that prices [...]
Posted in National, News | Tagged bottom-calling, buy-vs-rent, Calculated_Risk, New York Times, Reuters, Zillow
By The Tim on February 14, 2011
It’s not often we get a major national news piece focused solely on Seattle’s real estate market, but yesterday we got just that from the New York Times: Housing Crash Is Hitting Cities Thought to Be Stable SEATTLE — Few believed the housing market here would ever collapse. Now they wonder if it will ever [...]
Posted in Local, National, News | Tagged Humphries, Kelman, New York Times, Seattle_Times, Wall_Street_Journal
By The Tim on June 17, 2010
I may not be able to make a substantive post today, so here are a few national stories of interest that caught my attention in the last couple days. David Wessel, Wall Street Journal: Rethinking Part of the American Dream It’s time to have a serious conversation about the American approach to home ownership and [...]
Posted in National, News | Tagged home ownership, New York Times, tax credit, Wall_Street_Journal
By The Tim on April 23, 2010
There has been a bit of talk in the last few days about a New York Times story published on Tuesday that once again revisits the subject of buying vs. renting: In Sour Home Market, Buying Often Beats Renting In some once bubbly markets, prices have fallen so far that buying a home appears to [...]
Posted in Local, National, News | Tagged buy-vs-rent, New York Times, price-to-rent
By The Tim on September 11, 2009
I posted about this earlier this week on the official Seattle Bubble Twitter account, but I thought it would be worth a post of its own. Via The New York Times: Construction Loans Falter, a Bad Omen for Banks Even as the economy may be starting to recover, banks across the country are confronting a [...]
Posted in News | Tagged banks, commercial, construction, New York Times