“Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.” HomeFallGrowsSharePropertySignificantDiscountsVacant Author:Mark Zandi
“Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general.” GivingShouldHas BeensHomeWaitingLevelsBreakHealthyCostDemandTaxesAppreciatePropertyInvestorsJuiceGiving InTax Breaks Author:Mark Zandi
“It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.” HardUseHomeGovernmentJobsFallHouseEconomyCuttingTaxesProgramPropertyDisappearLocalsOwnersHouseholdSmall BusinessRevenueLoanEnthusiasticProspectsBusiness OwnersLocal GovernmentSmall Business OwnersCollateralProperty TaxesHouse Prices Author:Mark Zandi
“Every day, IRS agents levy liens on homes, bank accounts, and businesses; they confiscate cars, furniture, boats, and other personal property without the constitutional protections of due notice, hearing, and due process. If a person forcibly resists, government agents kill him for resisting arrest.” IfsPersonsHomeGovernmentProcessCarAccountsPropertyHearingProtectionDuesLibertarianBoatAgentsFurnitureResistingIrsBank AccountsDue Process Author:Jacob G. Hornberger
“We have a right to expect that the best trained, the best educated men on the Pacific slope, the Rocky Mountains, and great plains States will take the lead in the preservation and right use of forests, in securing the right use of waters, and in seeing that our land policy is not twisted from its original purpose, but is perpetuated by amendment, by change when such change is necessary in the life of that purpose, the purpose being to turn the public domain into farms each to be the property of the man who actually tills it and makes his home in it.” MenStatesUseHomePurposeTurnsWaterSeeingLandPolicyHe ManMountainOriginalsPropertyForestsEducatedFarmsAmendmentsPreservationDomainTwistedDinosaursPacificSlopesLead InEducated ManPublic DomainRocky MountainUses Of Water Author:Theodore Roosevelt
“There is no truth to the myth that Negroes depreciate property. The fact is that most Negroes are kept out of residential neighborhoods so long that when one of us is finally sold a home, it's already depreciated.” LongFactsHomePropertyMythNeighborhoodDepreciate Author:Martin Luther King, Jr.
“We got email today from an LGF reader who was browsing the Lexis research system and discovered that anti-American, anti-capitalist icon Noam Chomsky has embarrassingly capitalist tastes; among other expensive property he owns a 36,155 square foot home near Cambridge, a 13,503 square foot vacation home, and four boats. And we won't even mention the cars. Teaching kids to hate their own country seems to pay quite well.” WellsCountryHomeSeemsKidsTodayHatePayFourFeetTeachingCarReaderTasteResearchPropertyBoatExpensiveSquaresVacationCapitalistEmailIconsCambridgeAnti-americanTeaching KidsBrowsing Author:Charles Foster Johnson