Archives for housing bubble

Who Sunk Housing?

Morgan Stanley’s view of a “rentership society” is an interesting read, but underlying it is the specious argument that Fannie and Freddie caused the housing crisis. This myth has been …

Does Housing Belong on Your Balance Sheet or on Your P&L?

Even before the housing bubble, economists had been saying for a long time that American household wealth was way over-invested in personal residences and under-invested in commercial assets. In financial …

LANDCO Real Estate