Another housing bubble? Strong Towns Chuck Marohn argues that we’re in the midst of another housing bubble. He claims the housing market is full of fraud and is a bubble that’s “ready to pop,” just
Another housing bubble brewing? Not really Read Post »
In an op-ed published in the Portland, Oregonian on July 17, 2005, City Observatory director Joe Cortright predicted that the US was in the throes of a housing bubble. The text of this op-ed follows:
City Observatory’s Joe Cortright on the Housing Bubble–2005 Read Post »
Yesterday, we explored the differences in car insurance premiums in the nation’s largest metropolitan areas. Today, we will take a look at homeowners insurance rates. Unlike car insurance, homeowners insurance is not required in states.
Insurance and the Cost of Living: Homeowners Insurance Read Post »
The decline in interest rates in 2020 is a huge factor in explaining the recent surge in home prices. Population growth, a key driver of housing demand, actually slowed dramatically in the past year. The
Lower interest rates = More expensive homes Read Post »
Tax changes cut the Mortgage Interest Deduction sharply–but not for the rich The 1.2 percent of households with incomes over $500,000 get 20 times as much tax relief from the mortgage interest deduction as the
The Mortgage Interest Deduction: Smaller, but even more unfair Read Post »
How tax policy subsidizes homeownership, mostly for the wealthiest Americans OK. Â Imagine that someone offers you this investment deal. Â We want you to buy some stock; in fact, we want you to buy about $150,000
