Friday, July 31, 2009

Two verities of real estate investment

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Over the past few days, I have been in San Francisco, and have had the privilege of meeting with four real estate executives whom I am tryin...
12 comments:

The Truth About Amsterdam, RE: Bill O'Reilly loves Amsterdam

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Amsterdam has a great orchestra, too.
3 comments:
Thursday, July 30, 2009

Michael Lacour-Little says it's all about the refinances

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He points me to : Why are so many homeowners underwater on their mortgages? In crafting programs to prevent foreclosures, policymakers have...
7 comments:
Tuesday, July 28, 2009

An Interview with Kenneth Arrow, Part One - Conor Clarke

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An Interview with Kenneth Arrow, Part One - Conor Clarke Shared via AddThis
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Stanley Fish and Chris Rock make the same point

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Fish writes about Henry Louis Gates' time at Duke : I flashed back 20 years or so to the time when Gates arrived in Durham, N.C., to tak...
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I have a question for Senator Grassley

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Does he really believe that all the white guys he has voted for "set aside [their] personal preferences and prejudices?"
4 comments:

Featured on today's USC Home Page

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A story on Dr. Patricia Harris , who makes house calls.
Monday, July 27, 2009

I was on Bloomberg TV today

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I have to admit it is fun. The clip is at http://tinyurl.com/GreenHousing .

Program Note

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I will be on KPCC's Airtalk with Larry Mantle at 10:05 today.
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Sunday, July 26, 2009

Manuel Adelino, Kristopher Gerardi, and Paul S. Willen are skeptical...

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... that the paucity of loan modifications is a function of securitization . There is widespread concern that an inefficiently low number of...
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Praise be to the NYT On Language Column (h/t Patricia Harris)

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A brief history of singular pronouns: One tweeter asked plaintively, “Can we just accept that ‘they’ can be used as singular?” But another w...
1 comment:
Friday, July 24, 2009

Have Existing Home Sales Started to Rise?

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NAR reported that Existing Home Sales rose 3.6 percent in June. In response to this, MSNBC notes : "The turnaround in the housing mark...
6 comments:
Tuesday, July 21, 2009

Two ideas for appraisal reform

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Lawrence Yun of NAR is complaining that appraisals are preventing legitimate real estate transactions from occurring. Because of the way ap...
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Rethinking California's Revenue Structure

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California Assembly Speaker Karen Bass, who has no particular allergies to progressive taxes, cites an astonishing statistic about Californi...
3 comments:
Monday, July 20, 2009

The Joy of Great Cities

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Last night, at the invitation of friends of ours, my wife and I went to a concert of the Pasadena Pops at Descanso Gardens. I wasn't qu...
4 comments:
Sunday, July 19, 2009

Why the consequences of past discrimination persist over generations

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I just read President Obama's most recent speech on race . It is another extraordinary speech--his ability to be at once sophisticated ...
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Thursday, July 16, 2009

John Y. Campbell, Stefano Giglio, and Parag Pathak estimate that Foreclosed houses sell at a 28 percent discount

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The results imply two problems with thinking about house prices through the lens of the Case-Shiller Index. In Southern California, somewh...
6 comments:
Wednesday, July 15, 2009

The rigors of the USC Masters in Real Estate Development Program

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A student of ours emails: I just wanted you to know that this assignment got me out of a traffic ticket this morning. La Cienega was shutdow...
10 comments:
Monday, July 13, 2009

We have a new Census Director!

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Robert Groves was confirmed. The vote to invoke cloture was 78-15. Why did this take so long? Why is the Senate so.....Senatorial?
4 comments:

Jan Hatzius has a Great Sense of Humor

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His GDP forecast for 2009 goes four places right of the decimal point. (it is - 2.8753%).
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