More From Eric Dixon at http://www.NYBusinessCounsel.com

Support Independent Investigations With Bitcoin:
Send Bitcoin Here: 171GMeYRD7CaY6tkXs8dSTjLbAtFazxhVL

Top 50 Twitter Rank of Worldwide Startup Advisors For Much of 2014
. Go to my professional site for solutions to your legal, business and strategic problems. The only lawyer who is a co-inventor of multiple, allowed-for-grant patents on blockchain technology!!! Blockchain and Digital Currency Protocol Development --
Top Strategic Judgment -- When You Need A Fixer -- Explore Information Protection and Cryptographic Security -- MUST-WIN: JUST DON'T LOSE -- SURVIVE!: Under Investigation? Being Sued? Handling Extreme Stress -- Corporate Issues -- Startup Issues -- Investor Issues -- Contracts To Meet Your Needs -- Opposition Research -- Intellectual Property, Media and Reputation Issues -- Independent, top-notch legal, strategic and personal advice -- Extensive ghostwriting, speechwriting, book writing, issue research, press and crisis management services. Listed by American Bar Association's Law Bloggers (Blawgers). Contact EDixon@NYBusinessCounsel.com. European Union audiences: This site uses a third party site administrator which may use cookies but this site is intended for AMERICAN clients and prospective clients only!

Tuesday, May 10, 2011

Housing Double Dip Is No Surprise

 The mainstream media -- the business end of it -- has caught on to the continuing residential real estate decline, heralding a double dip in housing prices.   The real estate bubble, deflating since 2006 (generally) and even since 2005 in selected markets, continues to deflate.

Crime, Politics and Policy reasoned months ago that this would happen.  See this October 2010 article.  In fact, check out my January 2010 commentary proposing a unique solution that would prop up the residential housing market, reward responsible homeowners and support the supposedly-capital-starved banks...and all without a dime of suckers' taxpayers' government subsidies.

This should be no surprise at all.  There are looming foreclosures, as thousands of homeowners engage in strategic defaults and pocket that money to deploy elsewhere.  There is a large overhang of homes waiting to hit the market.  And all of this is occurring as mortgage rates are below five percent on conventional, fixed-rate 30-year loans.  One can imagine the effect on prices when foreign investors stop buying Treasuries and the interest rates skyrocket.

Eric Dixon is a New York lawyer, strategic analyst and litigation stress consultant.  Mr. Dixon is available for further comment at 917-696-2442.   



No comments:

Post a Comment