Posts tagged as:

real estate

Fannie Mae plans to sell nearly 2,500 foreclosed properties to institutional investors who promise to rent them out for several years rather than resell them.

Risking the ire of his base, New York City Mayor Michael Bloomberg told a D.C. audience that deficit reduction plans should include treating hedge fund partners’ carried interest as ordinary income.

Letter from Washington: A flood floor vote, corporate taxation and Herman Cain’s 9-9-9 plan

by Eli Lehrer on October 18, 2011 · View Comments

Heartland Institute Vice President Eli Lehrer discusses the upside of 9-9-9, the downside of taxing corporations and the murky side of the flood insurance reform debate.

On Yards And Turf Wars

by Franklin Schneider on August 19, 2011 · View Comments

Franklin Schneider is fine if you want to don the yoke of home ownership, spend your leisure time cleaning gutters and staining your deck – but for God’s sake, leave him out of it.

Ezra Fox learned some important life lessons from Glengarry Glen Ross.

The Myth Of Homeownership Wealth Creation

by Anthony Randazzo on July 13, 2011 · View Comments

Over the past several decades, politicians in Washington, DC have considered increasing homeownership to be a civic duty. And the reasons seem obvious: It’s the American Dream. It’s the only way low-income families can build wealth. It’s just a good investment every middle-class household should have. Or so we’ve been told.

OOTS is ready for a vacation. Let’s take a gander at some of our favorite hurricane-resistant abodes.

The United States government may believe Bank of America is too big to fail, but a Naples, Florida attorney has proven it’s not too big to go into foreclosure.

The National Association of Realtors recently announced that its national median house price for the first quarter of 2011 dropped 4.6 percent from a year ago. Yet, finds Wendell Cox, a review of the major metropolitan area median prices suggests that housing is still more costly relative to incomes than it was before the housing bubble.

Brad Laybourne talks with Lori Bruno, a Salem, Massachusetts psychic, who performs house blessings on foreclosed homes.

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