Tag: Real Estate

Contributor Post Created with Sketch. Why Can’t the US Use Its Assets Like the UK?

 

If you’re like many Ricochet folks, you get “The Daily Shot” in your inbox every day. (No, I’m not going to scold you if you don’t.)

Wednesday morning’s edition caught my eye because of some talk about Queen Elizabeth II getting a pay raise. As Americans, we’ve occasionally made comparisons between the Royal Family’s expenditures versus our own First Family. This was a relative sport for some, until earlier this year.

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Contributor Post Created with Sketch. Recommended by Ricochet Members Created with Sketch. Trump: Putin’s Manchurian Candidate?

 
The Daily Beast
The Daily Beast

In light of the DNC hack (which digital signatures point to Russia), we would expect the Democrats to divert attention from their embarrassing emails confirming Trump and Bernie’s accusations of a ‘rigged system’. Schadenfreude for the Right, indeed.

However, as the Left’s automatic impulse to shift the narrative of DSW’s fall from grace, they are pointing to shinier squirrels which may have a more significant impact on the 2016 election. Their story is slowly gaining an audience and being analyzed by many on the center-right, although don’t expect to hear much about it this week during the DNC celebration of government largesse.

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Contributor Post Created with Sketch. Member Post

 

The three of us stepped outside our Times Square hotel into the humid sea of humanity on this clear and warm day. This was my sons (15 & 10) first time in NYC and my first time playing purposeful tourist as opposed to my typical airport-hotel-meeting-hotel-airport NY itinerary. Say what you will about the Disneyfication […]

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Promoted from the Ricochet Member Feed by Editors Created with Sketch. What Your Appraiser Wants You To Know

 

Here I take up Claire’s challenge for folks with specialized knowledge and tell you about the job that actually pays my bills.

So you’ve decided to buy or refinance your house. Congratulations! Now, here are the things that your appraiser — and by extension, your appraisal management company (where I work) — want you to know.

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Member Post

 

Our house after insurance’s “repairs.” Renters had occupied it for years by then. More

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Contributor Post Created with Sketch. Loosening Home Lending Standards — What Could Go Wrong?

 

051414housing-600x396After a near-depression and worst-ever financial crisis that cost the US economy as much as $14 trillion, one might think Washington would be careful to avoid repeating the same policy mistakes. One might think, for instance, Washington would think twice and then thrice before loosening mortgage lending standards to boost home ownership, particularly among low-income borrowers. Because, you know, loosened mortgage standards seem to have played some role in helping set the stage for the catastrophic mortgage meltdown.

Recall three conclusions from the National Commission on the Causes of the Financial and Economic Crisis in the United States:

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Contributor Post Created with Sketch. New Yorkers Fail Economics — Rob Long

 

It sometimes seems like the New York Times does a piece about rising real estate prices hourly. The components are almost always the same: rising prices, high demand, tight availability. (The NYT tends to see these things as distinct from each other, rather than interconnected.)

Usually, they’ll pick a “typical” New Yorker — read: a friend of a friend of the reporter — as a peg on which to hook the piece. 

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