The Affordable Mortgage Depression
Government policies were designed to increase homeownership. Affordable Mortgages, created to realize this goal, were responsible for the Housing Bubble and distorted the economy. The unwinding of these distortions will result in a Global Depression.
The Affordable Mortgage Depression: Monthly Archives for November 2008

Happy Thanksgiving

Mortgage Rates Do Not Matter

Our Government is Lost

Don't Buy a House Yet!

Brock, Rock and Sheila's Bailout Shock

Oil Price Manipulation and the Dollar

A 2004 Report on the Outlook for the Housing Industry

Chart: Homeownership Equity at a Record Low

Chart: HELOC Impact on Historical and Future Consumption

Is Bank of America in Trouble?

Depression Era Slogan: Electricity For All

Chart: US Household Debt vs. Personal Savings Rate

Response to NYT Article "Shouldn’t We Rescue Housing?"

Response to WSJ article "First, Let's Stabilize Home Prices"

The Next Government Created Housing Disaster

Analyzing Economic Distortions That Caused the Housing Bubble and Will Produce a Prolonged Depression

The Real Estate Bubble

What Caused the Bubble?

The Subprime and Affordable Mortgage Distortion

Economic Distortions Caused by the Housing Bubble

The Influence of Foreclosures on Housing Market Prices

The Nefarious and Inevitable Impact of Affordable Mortgages

The Case for a Depression

The Next Several Years

What We Can Do To Prevent Self-Inflicted Bubbles

Blog Software