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 July 2010

The CPI's Fictional Estimate of Housing Inflation (a Straight Line Dubbed "Rental Equivalence") Has Broken

Steve Wynn Video Commentary on the Debilitating Effect of Government Intervention on Economic Activity and U.S. Solvency

Commentary On Eroding American Dreams

Lingering Tax Credit Props Up Reported Valuations Through June 30th. Real Time Housing Market in Decline

Comparing Median Housing Price Trends to Case-Shiller's Repeat Sales Method

Deflation is Your Friend: Entry I

Obama's Growing Unemployment Credibility Gulf

Setting the Record Straight on Purported Excess Economic Capacity and Hoover's Fiscal Restraint

Pork Barrel Projects Stifle Innovation, Perpetuate Poverty and Create Dependency. Stimulus Spending Will Skew a Nation of Local Economies for Years.

Don't Forget an American Depression Tradition: Free Slurpee Day 2010

3 WSJ Article Links: Unemployment Benefits Aren't Stimulus, The Right Way to Raise Wages & Obama and the Spending Volcano

"Double-Dip" Has Joined the Ignominious Verbiage of the Economically Uninformed

Consumer Credit Trends Say We Are Still Mired in Depression

Mortgage Rates Fall to a Record Low 4.58%... And It Doesn't Matter

One Million Americans Vanish! Unemployment Rate Improves.

The Biggest Housing Subsidy of All?

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