Money & Real Estate
The Perils of Deleveraging
Why cutting debt means less overall lending ability in the financial system...
How Can the Feds Restart Lending?
The federal government is getting criticized because it has not been able to get the frozen U.S. banking system to start lending money again...
A Consumption Spending Dilemma
The U.S. economy is facing critical long-run challenges that will influence the duration of the credit crunch. For at least a decade, Americans have been...
Note to Mr. Obama
As president-elect Barack Obama contemplates coping with our financial crisis, he should realize that no matter what he does America's financial markets...
Securitization Hibernation
The credit crunch of 2007-2008 is going to last for quite a while longer. It also will have a major impact on real estate even after credit becomes widely...
A Hostile Lending Environment
The current credit crunch will last quite awhile, if past periods of similar conditions are any guide. One reason is that the U.S. banking system has...
Greed Has Run Amok In Mortgage Industry
Financial firms are strongly resisting any attempts to impose greater regulation on their activities, according to various media accounts. By taking this...
A Price Correction Is Unavoidable
Although loan defaults on commercial properties remain at low levels, the credit crunch in the real estate markets will still have some negative impact...
Ducking the Housing Credit Mess
Many pessimists believe the current credit freeze in home markets will spread to commercial property, setting the stage for a full recession in 2008....
The Great Real Estate Credit Freeze of 2007
By late October 2007, U.S. credit markets for most real estate lending became almost frozen because of uncertainty among both lenders and borrowers about...
