by Thomas Powell | Dec 1, 2009 | Uncategorized
This time last year, the dark clouds of a choking economy surrounded the eye of the 2008 holiday season. This year appears to bring more of the same. However, while it may be easy to get lost in the depths of these challenging times, there are still countless reasons...
by Thomas Powell | Nov 20, 2009 | Uncategorized
Moral hazard as the natural spawn of fractional-reserve banking By Geoffrey Lawrence “The bank mania… is raising up a moneyed aristocracy in our country which has already set the government at defiance, and although forced at length to yield a little on this first...
by Thomas Powell | Nov 19, 2009 | Uncategorized
In a recent WSJ piece, Edward Pinto links the housing bubble to liberal advocacy groups like Acorn. The argument goes something like this: government polices aimed at increasing home ownership forced entities like Freddie Mac to lower lending standards and acquire...
by Thomas Powell | Nov 13, 2009 | Uncategorized
Retirement Planning Meets Real Estate (And Really Hit it Off) You are never too young to start saving for retirement. On the other hand, only your specific life circumstances determine if you’re too old. Although earlier is best when it comes to retirement planning,...
by Thomas Powell | Nov 12, 2009 | Uncategorized
For the past few weeks, financial news has been mixed on commercial real estate. On the one side, fear mongers like Randall Zisler expect crisis in the next few years. The meat of their argument is that high default rates and high unemployment will keep the market...
by Thomas Powell | Nov 6, 2009 | Uncategorized
Residential Real Estate There are dozens of reasons why the residential real estate market bubbled and exploded, causing the ensuing credit crisis and economic strife. The popularity of loans requiring no documentation, the easy access to sub-prime loans and the...