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 […]
Category Archives: Baby Boomers
Stock v. Lottery v. Casinos v. Real Estate
October 27, 2009 – 6:15 am
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 […]
Solving the Housing Crisis part 2
October 16, 2009 – 5:19 am
Want the price of something to rise? The formula is simple: increase demand or decrease supply. In part 1, I suggested a way to immediately increase demand for vacant homes - immigration. Legalizing some of the 3 million people living in the US today - if they bought 1 of the 1 million vacant homes […]
Where will the money come from?
October 12, 2009 – 6:56 pm
I’ve been pondering a question. Where will the money come from to boost the sagging housing market? How will the real estate market re-inflate?
1. Inflation. As the ‘real value of the US Dollar’ declines, because of monetary stimulus, skyrocketing deficits etc. Inflation will occur as soon as the economic outlook improves significantly. Inflation raises the […]
Politicians, Steal This Idea; Fix Housing Crisis in 6 months
October 10, 2009 – 4:24 am
Politicians, if you will ‘Steal This Idea’ it will lead to a complete Fix for the Housing Crisis in 6 months or less. The idea is simple, it is easy to implement, and won’t require a 1,000 page rescue plan or any tax payer money. In fact, it could reduce tax rates and lead to […]
