NewsTrust - Real Estate - Most Recent Stories: Opinion

Is the American dream a nightmare?

Thu, 23 Apr 2009 00:00:00 -0700

GlobalPost - By Susan E. Reed - Apr. 23 (Opinion) - The hidden menace of homeownership. It was a startling and controversial conclusion. But now it is beginning to make more sense. It turns out that a high rate of homeownership just might be bad for the economy.Homeownership has been a long nurtured desire of many Americans. Public officials relaxed mortgage requirements 10 years ago because they wanted everyone to live the dream. It seemed to be great for the economy, until the crash last year.

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Obama team still in the grip of the market mystique

Sun, 29 Mar 2009 00:00:00 -0700

Seattle Times - By Paul Krugman - Mar. 29 (Opinion) - Much discussion of the toxic-asset plan has focused on the details and the arithmetic, and rightly so. Beyond that, however, what's striking is the vision expressed both in the content of the financial plan and in statements by administration officials. In essence, the administration seems to believe that once investors calm down, securitization — and the business of finance — can resume where it left off a year or two ago.

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Calling the hardship department

Wed, 28 Jan 2009 00:00:00 -0800

Pilot & Today - By Joanne Palmer - Jan. 28 (Opinion) - I have morphed into what realtors call a “motivated seller.” My furniture fantasies have disappeared. I now daydream about a high-paying, full-time job with benefits and eating something besides pasta for dinner. I am in the worst financial shape of my life. This is a hard thing to admit, especially since it’s my own darn fault.

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Thumbs Up for the Citigroup Bailout

Tue, 25 Nov 2008 00:00:00 -0800

Wall Street Journal - By Eugene Ludwig - Nov. 25 (Opinion) - While the capital injections favored by the Treasury may have become necessary, they were clearly not sufficient. True, the government's largesse has been distributed relatively quickly and efficiently. However, it is a losing proposition to apply capital if the troubled assets are left in place.

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