I received the following in an email from a reader: I’m writing to thank you for your tireless work keeping my wife and I informed and entertained about the Seattle housing market. I specifically remember asking my real-estate agent friend in 2007 if she thought there were legitimate concerns about the housing market and her…
Author: The Tim
Running the Numbers on the Flat Homeowner Deduction
[Read Part 1: Proposal: Replace the Mortgage Interest Deduction with a Flat Homeowner Deduction] In the comments on the proposal I made yesterday, Doug asked a reasonable question: Have you figured out what the deduction would be if you did this, and made it deficit neutral? That would be an interesting exercise. Good question. Let’s…
Mid-Week Open Thread (2011-10-12)
Here is your open thread for the mid-week on October 12th, 2011. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in…
Proposal: Replace the Mortgage Interest Deduction with a Flat Homeowner Deduction
In our discussion on Sunday’s poll about whether government policy should be steering people into homebuying, I had an interesting idea that I thought was worth sharing with the whole class. The Problem There are numerous problems with the methods the government has used and is using to promote homebuying. One-time homebuyer tax credits just…
September Stats Preview: Better Late than Never Edition
All righty, it may be ten days into Ocotober already, but that’s not going to stop me from posting our regular stats “preview,” because I just like to see the data presented in the simple bar chart format of this series. Most of the charts below are based on broad county-wide data that is available…