Some journalists have been suggesting that values in commercial real estate will be the next to crash - following housing and dragging the U.S. economy even further into a serious funk. Prior to giving you my opinion, I'd like to give you my resume: before I turned to journalism (writing, teaching and speaking), I spent 30 years as a real
[caption id="attachment_158" align="alignleft" width="265" caption="null"][/caption] From The Skinny on the Housing Crisis (Clover Leaf, 2008) Yesterday Alan Greenspan, Former Chairman of the Federal Reserve, testified before Congress. To his credit, he was somewhat forthcoming in acknowledging that
It seems that every significant event in history leads to a new vocabulary - new words or, old words and phrases used in new ways. The last year has been illustrative as writers and commentators struggle to find words or phrases to describe unique situations related to the housing and credit crises. Here are ten of my favorite
In my last post, I whined that no one in government was doing an adequate job of educating the public about the arguments for and against the bailout bill. My belief is that there is just too much information out there being thrown at us too quickly and no one is stopping to explain the fundamentals. I suggested we find Ron Popeil (of
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