Category: Valuation

The ‘I don’t like you’ tax

6 March, 2013 (14:32) | Appraisals, Capital, China, Global news, Hong Kong, Local issues, ownership, Real estate taxes, rentals, Singapore, Speculation, Valuation |

By:David A. Smith   For the most full-on Monet of reasons (“from far away, it’s okay, but up close it’s a big old mess”), Signapore has imposed a hefty surtax on foreigners buying residential property in their thriving city state.  As reported in the Wall Street Journal (January 29, 2013):   Singapore’s Housing Tax Hits […]

Probably better values

12 May, 2010 (13:47) | Capital markets, Finance, Foreclosure, Homeownership, Innovations, REO, Theory, US News, Valuation |

By: David A. Smith    The best sportswriters, I found, were often those with the worst teams; their desire to report some positive news gave them a passion to find something positive, and when your team is terrible, you have to search harder for those bright spots.   He means the player, nothing more   […]