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Going Nowhere Fast
Wharton real estate professor, Joseph Gyourko, outlines why and how the housing crisis and single family home ownership impedes flexibility and mobility. Housing busts and rising foreclosures can...
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Flip This Market?
In the current housing crisis, two sort of counter-intuitive things puzzle me: In my close-in Portland, Oregon neighborhood there are several older houses being entirely gutted and renovated by new...
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How to Fix the Housing Mess
Ed Glaeser has some very sensible things to say about the housing crisis: [H]ousing should be more affordable rather than more expensive. We argue that credit subsidies, which artificially inflate...
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Housing Crisis Goes Global
The housing crisis has spread globally according to data from The Economist. Source: The Economist. Housing prices were down the most in the United States (nearly 20 percent), but substantial declines...
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The Reshaping of America, cont’d
The economic crisis appears to be causing a slight but noticeable shift from the suburbs to the cities, according to an analysis of recent Census data by Brookings demographer William Frey, reported...
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Entrepreneurship and the Economy
As one looks around the economic landscape I am struck by the devastation. One number stands out above all others. One in five males between the ages of 25 and 55 is out of work! That is a staggering...
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Detroit’s Ice House
Check out this CNN video of Detroit’s terrific Ice House project. The two men managing the “collaboration with Mother Nature” are dousing the state-donated house with water to make a statement about...
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