Archive for the ‘Housing’ Category

Prevention Over Correction

September 26th, 2011

The housing market is still bumping along the bottom.  As the figure shows, it’s not providing any support to the larger economy, as residential investment (basically, home buying) as a share of the economy is stuck at an historical low. Source: BEA, NIPA tbl 1.1.10 Though policy measures to fix the problem have taken a… Read more

Drum v Me re New Housing Idea

August 10th, 2011

Kevin Drum likes the White House/FHFA idea to move Fan, Fred, and FHAs foreclosure stock onto the rental market much less than I do.  As he says, he just doesn’t get it.  Calls it downright “weird.” So I’ll try a little harder to get him on board. First, Kevin doesn’t get why you need this… Read more

A Good Housing Idea Gets a Try

August 9th, 2011

A while back, I touted this idea of taking the foreclosed properties owned by government-backed entities—Fannie, Freddie, Federal Housing Administration—off of the residential housing market and putting them into the rental market.  Looks like it’s a go from the White House. Lots to like about this: –Fan, Fred, and FHA own about half of foreclosed… Read more