Category: House prices

Beats the alternative

4 September, 2014 (09:00) | Homeownership, House prices, Markets, Recovery, Rental, US News |

By: David A. Smith Beats the alternative Interviewer: How does it feel to be 100%? George Burns: “Beats the alternative.” Demonstrating the journalist’s precept that an ominous warning always trumps a happy event, Fortune (July 18, 2014) manages to bypass the real story in favor of a scaremongering headline: Why the housing recovery is over, […]

Who pays property taxes?

22 May, 2006 (10:21) | House prices, Local taxation, Property taxes |

[Another entry in our occasional series on local property taxation: previous posts 1, 2, 3, 4.]   Obviously the homeowner writes the check, but is that who really pays?      What are the secondary effects — in, for instance, house prices?   An intriguing Land Lines article by Rice University’s George Zodrow, who’s spent […]

House prices, the long view

12 January, 2006 (11:33) | Bubbles, House prices, Markets, Mortgages |

Feel like you’re paying more for housing than you did twenty years ago?  That your housing burden is rising?     If all you read were the endless ‘housing bubble’ stories (2,100,000 word finds on Google!), you would be convinced, as fairly clearly most Americans are convinced:   When the list prices of houses are […]

Workforce housing: every silver lining has a cloud

21 December, 2005 (10:07) | Condominiums, Economics, House prices, Markets, Workforce housing |

A booming economy is good, right?    “Oh, Clark, you’re so manly for opening that casino.”   Rising tide lifts all boats?      Not always, or not if you are thoughtless about it.  For the world’s best place for thoughtlessness, via the Boston Globe, let’s visit that uniquely American Sin City:   LAS VEGAS […]

The economics of haggling

29 September, 2005 (08:33) | Economics, Egypt, House prices, Negotiation, Primer posts |

  On my recent trip to Cairo and Upper Egypt, I spent several hours accompanying the Careful Shopper on her forays into the souks of Cairo, Luxor, Edfu, Esna, and Aswan.   And that’s a clean one, folks …   While at the end the honors were largely divided between merchants and Careful Shopper, the […]