By John Tamny of RealClearMarkets When economic problems reveal themselves, a great deal of finger-pointing inevitably ensues. For quite some time now economists and commentators have sought to place blame for the housing crisis, and quite a lot of it has been heaped on former Federal Reserve Chairm ... Read more

Much has been written about the “Lost Decade” in the Japanese economy. In the 90s they faced the same decisions we face today, and we appear to be making the same mistakes. Today’s featured property is a condo being offered for 55% off its peak purchase price; a new record ... Read the fu ... Read more

Kool aid intoxication is very strong because homeowners were so richly rewarded during the bubble. Will the crash cause mass detoxification? Today’s featured property is a WTF award winner in Quail Hill—$444/SF is so 2006. Asking Price: $1,375,000 ... Read the full post ... Read more