Last year this week, I spent the day driving around the construction site called Dubai.
Riding around town with my friend there, our tour was interrupted by a cell phone call. My host had learned that Nakeel (one of the Emirate’s 2 development companies) was offering 90% of consumer buyer’s earnest money deposits in refund if […]
Category Archives: Baby Boomers
Last Year in Dubai
November 28, 2009 – 6:29 pm
Taking Control, again…
November 25, 2009 – 7:21 am
Waiting for The Banks to Lend?
“Somebody else will fix it“
Have you spent the last 19 months waiting for someone else to start lending again? All that Government stimulus will trickle down into your business. The great wave of capital will tumble into the market, buoying all ships. Risk takers will generate jobs again, soon. […]
Government & Bank Made Foreclosure Crisis?
November 21, 2009 – 7:15 am
Mr. Van Ack writes a newsletter on Housing and has been right on the mark for 20 years… he is saying what i have been saying for months, this is a Government induced foreclosure crisis today - bad public policy = home defaults: “a Federal program began earlier this year which is designed to keep […]
Stock v. Lottery v. Casinos v. Real Estate
October 27, 2009 – 6:15 am
The authors of Freakonomics were on TV the other night. They have a new book out and a spawned an interesting conversation at dinner. Is the Stock Market a fair bet? Is it any better than the lottery?
I have always felt people who play the lottery are getting suckered into an unfair gamble, the odds […]
Welcoming the Suit Case Cash: a Second Home in Detroit?
October 20, 2009 – 5:26 am
I had a call from a newspaper editor last week, he offered to run a my article about ‘fixing the housing crisis via legalizing aliens if they bought a house’. I am hopeful that some one in authority to make this a law might be persuaded. A few years ago I wrote a letter to […]
