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Category: News
News, current events, etc.
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…
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…
Weekly Twitter Digest (Link Roundup) for 2011-10-08
How dare the state force those poor wealthy people to buy homes right next to the freeway! http://t.co/RrUUEYOj # Heat maps of the areas most affected by this weekend's Conforming Loan Limit change in this @Redfin post: http://t.co/gV3ZnPZM # Hah, hilarious. HGTV drinking game. RT @Estately: Watch House Hunters? Make it even more interesting… http://t.co/d2rByGVW…
September Reporting Roundup: Motivated Buyers Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Northwest MLS…