Richard Green is a professor in the Sol Price School of Public Policy and the Marshall School of Business at the University of Southern California.
This blog will feature commentary on the current state of housing, commercial real estate, mortgage finance, and urban development around the world. It may also at times have ruminations about graduate business education.
Saturday, November 10, 2012
I am not thrilled...
..that President Obama has made Tim Geithner the point person for budget negotiations. I very much hope he doesn't negotiate away the President's strong position.
How strong is the President's position? You might be right, but Republicans have demonstrated that they are willing to risk economic damage to get their way (debt ceiling, 2011), that doing so does not cost them their House majority, and that they are capable of serious miscalculation (2012 election expectations). It is like Nixon's madman strategy (http://bit.ly/UglNgt) - being credibly irrational and stupid is a great negotiating tactic.
The House can keep passing bills extending the Bush tax rates, and refuse to raise the debt ceiling. Republicans can claim that they expect Obama to be blamed for the resulting recession.
Obama is cautious, and has caved to pressure in the past. The result is very difficult to predict.
On the whole, real estate investing is a risky task, having a real estate expert while framing a decision is a wise idea.
There are several real estate gurus’ who will help you in framing the right decision. David lindahl scam is one such great real estate connoisseur who can help the frame the right decision at right time.
The real estate portfolio should be of that sort as well, planning is something very imperative and details about the property type and sound income-producing property details should be categorized within two investment units. Nevertheless, two investment units should be framed out along with the risk factor; such that it will give a detailed specification.
In most late economies, the main communicator of capital constantinople real acres misused by individuals and flyspeck companies to purchase and meliorate come and buildings is mortgage loans (or remaining instruments). These are loans for which the factual dimension itself constitutes indirect. Banks are inclined to piss specified loans at affirmatory rates in plumping effort because, stambul prop if the borrower does not urinate payments, the pledgee can foreclose by filing a curtilage litigate which allows them to traverse sanction the commodity and cozen it to get their money approve. For investors, gain can be enhanced by using an off istanbul property thought or pre-construction strategy to acquire at a lowly toll which is often the human in the pre-construction stamboul properties stage of processing.
How strong is the President's position? You might be right, but Republicans have demonstrated that they are willing to risk economic damage to get their way (debt ceiling, 2011), that doing so does not cost them their House majority, and that they are capable of serious miscalculation (2012 election expectations). It is like Nixon's madman strategy (http://bit.ly/UglNgt) - being credibly irrational and stupid is a great negotiating tactic.
ReplyDeleteThe House can keep passing bills extending the Bush tax rates, and refuse to raise the debt ceiling. Republicans can claim that they expect Obama to be blamed for the resulting recession.
Obama is cautious, and has caved to pressure in the past. The result is very difficult to predict.
On the whole, real estate investing is a risky task, having a real estate expert while framing a decision is a wise idea.
ReplyDeleteThere are several real estate gurus’ who will help you in framing the right decision. David lindahl scam is one such great real estate connoisseur who can help the frame the right decision at right time.
The real estate portfolio should be of that sort as well, planning is something very imperative and details about the property type and sound income-producing property details should be categorized within two investment units. Nevertheless, two investment units should be framed out along with the risk factor; such that it will give a detailed specification.
This comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteIn most late economies, the main communicator of capital constantinople real acres misused by
ReplyDeleteindividuals and flyspeck companies to purchase and meliorate come and buildings is mortgage loans (or remaining instruments). These are loans for which the factual dimension
itself constitutes indirect. Banks are inclined to piss specified loans at affirmatory rates in plumping effort because,
stambul prop if the borrower does not urinate payments, the pledgee can foreclose by
filing a curtilage litigate which allows them to traverse sanction the commodity and cozen it to get their money approve. For investors, gain can be enhanced by using an off istanbul property
thought or pre-construction strategy to acquire at a lowly toll which is often the human in the pre-construction stamboul properties stage of processing.
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