Shiller explains why owner-occupied housing is a poor investment
by golfplan18
on 7 Feb 2013
127 comments, latest 7 years ago
http://ochousingnews.com/news/ Despite the fact that house prices crashed, wiped out millions of loanowners, and wiped out the illusory equity of an entire generation, people persist in believing owner-occupied housing ...
golfplan18
United States, joined 2011 Mar 30 Has 1 follower. Is following 0.➕follow (1) 💰tip
threads pinned by golfplan18
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Did Obama reverse 100 years of housing policy by saying nothing?
by golfplan18 on 23 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The US needs to rethink it’s policies toward home ownership and housing subsidies. Some are suggesting Obama’s silence signals a radical change. Source: http://ochousingnews.com/blog/ #politics
by golfplan18 on 23 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The US needs to rethink it’s policies toward home ownership and housing subsidies. Some are suggesting Obama’s silence signals a radical change. Source: http://ochousingnews.com/blog/ #politics
Why do homebuilders consume so much optimistic bullshit? - OC Housing News
by golfplan18 on 22 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Homebuilders believe the feel-good nonsense printed in trade journals and industry media outlets and often rely on this information to make bad decisions. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 22 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Homebuilders believe the feel-good nonsense printed in trade journals and industry media outlets and often rely on this information to make bad decisions. Source: http://ochousingnews.com/blog/ #housing
Mortgage insurance companies sue former homeowners - OC Housing News
by golfplan18 on 21 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Mortgage insurers have the right to collect from former homeowner on losses the mortgage insurer incurred in a foreclosure. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 21 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Mortgage insurers have the right to collect from former homeowner on losses the mortgage insurer incurred in a foreclosure. Source: http://ochousingnews.com/blog/ #housing
Has the OC Housing market peaked for this cycle? - OC Housing News
by golfplan18 on 20 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The OC housing market faces a potential price decline caused by of rising mortgage rates and an influx of must-sell inventory from Chinese buyers. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 20 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The OC housing market faces a potential price decline caused by of rising mortgage rates and an influx of must-sell inventory from Chinese buyers. Source: http://ochousingnews.com/blog/ #housing
Bullish on economy, cautious on housing - OC Housing News
by golfplan18 on 19 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ 2015 will finally be the year the economy recovers to near full strength. The only weak point will the ongoing slow growth in housing. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 19 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ 2015 will finally be the year the economy recovers to near full strength. The only weak point will the ongoing slow growth in housing. Source: http://ochousingnews.com/blog/ #housing
It costs too much to live in California - OC Housing News
by golfplan18 on 9 Jan 2015 10 comments, latest 10 years ago
http://ochousingnews.com/blog/ The cost of living in California is so high many lower-income people are leaving the state. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 9 Jan 2015 10 comments, latest 10 years ago
http://ochousingnews.com/blog/ The cost of living in California is so high many lower-income people are leaving the state. Source: http://ochousingnews.com/blog/ #housing
Lingering debt from the housing bust weakened the economy - OC Housing News
by golfplan18 on 16 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Excessive debt created during the housing bubble is preserved on banker’s and homeowner’s balance sheets providing a deflationary overhang to the US economy. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 16 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Excessive debt created during the housing bubble is preserved on banker’s and homeowner’s balance sheets providing a deflationary overhang to the US economy. Source: http://ochousingnews.com/blog/ #housing
Wealthy Russians dump high-end US real estate - OC Housing News
by golfplan18 on 15 Jan 2015 5 comments, latest 10 years ago
http://ochousingnews.com/blog/ As foreign investors need cash to solve domestic problems, they often dump real estate investments in prime US housing markets. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 15 Jan 2015 5 comments, latest 10 years ago
http://ochousingnews.com/blog/ As foreign investors need cash to solve domestic problems, they often dump real estate investments in prime US housing markets. Source: http://ochousingnews.com/blog/ #housing
Super Liens disrupt lender can-kicking bad mortgage loans
by golfplan18 on 14 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Lenders avoid foreclosure to avoid recognizing losses on their bad loans. The new super priority liens threaten lender’s ability to kick the can. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 14 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Lenders avoid foreclosure to avoid recognizing losses on their bad loans. The new super priority liens threaten lender’s ability to kick the can. Source: http://ochousingnews.com/blog/ #housing
Affordable housing subsidies are grossly unfair - OC Housing News
by golfplan18 on 13 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Subsidies for affordable housing elevates many low wage earners into home ownership at the detriment of someone who makes more money. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 13 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Subsidies for affordable housing elevates many low wage earners into home ownership at the detriment of someone who makes more money. Source: http://ochousingnews.com/blog/ #housing
Will the latest loan innovation destabilize the housing market? - OC Housing New
by golfplan18 on 12 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The 15-year amortizing mortgage holds the promise of increased equity and sustainable ownership for low-income borrowers, assuming they can finance enough to buy a house. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 12 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The 15-year amortizing mortgage holds the promise of increased equity and sustainable ownership for low-income borrowers, assuming they can finance enough to buy a house. Source: http://ochousingnews.com/blog/ #housing
Speculative business investment opportunity with large cash returns
by golfplan18 on 11 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ $3,000 minimum investment, $150,000 maximum investment, 25% anticipated cash returns, three to five year holding period, potential risk of 100% loss. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 11 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ $3,000 minimum investment, $150,000 maximum investment, 25% anticipated cash returns, three to five year holding period, potential risk of 100% loss. Source: http://ochousingnews.com/blog/ #housing
Lowering FHA insurance fees will spur the housing market - OC Housing News
by golfplan18 on 8 Jan 2015 3 comments, latest 10 years ago
http://ochousingnews.com/blog/ Reduced borrowing costs increases the size of the buyer pool by pricing in marginal buyers thus stimulating demand. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 8 Jan 2015 3 comments, latest 10 years ago
http://ochousingnews.com/blog/ Reduced borrowing costs increases the size of the buyer pool by pricing in marginal buyers thus stimulating demand. Source: http://ochousingnews.com/blog/ #housing
Bold California housing market predictions for 2015 - OC Housing News
by golfplan18 on 7 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The housing market will flourish or flounder depending on mortgage interest rates. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 7 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ The housing market will flourish or flounder depending on mortgage interest rates. Source: http://ochousingnews.com/blog/ #housing
The inescapable math of higher mortgage rates - OC Housing News
by golfplan18 on 6 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Higher mortgage rates lower the amounts borrowers can finance; thus rising rates and rising home prices are unlikely in 2015. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 6 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Higher mortgage rates lower the amounts borrowers can finance; thus rising rates and rising home prices are unlikely in 2015. Source: http://ochousingnews.com/blog/ #housing
Affordability will be the major housing market issue of 2015 - OC Housing News
by golfplan18 on 5 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Home price affordability will be the biggest issue in housing in 2015, particularly if mortgage interest rates rise. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 5 Jan 2015 Posted 10 years ago
http://ochousingnews.com/blog/ Home price affordability will be the biggest issue in housing in 2015, particularly if mortgage interest rates rise. Source: http://ochousingnews.com/blog/ #housing
Learn from the pros, case studies from real life real estate series
by golfplan18 on 4 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Lessons on buying and selling real estate from a top producer over the last six years. The wrong financing, wrong agent, wrong advisor cost this investor thousands by ...
by golfplan18 on 4 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Lessons on buying and selling real estate from a top producer over the last six years. The wrong financing, wrong agent, wrong advisor cost this investor thousands by ...
Ten ways to protect taxpayers against Ponzis - OC Housing News
by golfplan18 on 1 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ How do we taxpayers protect ourselves against Ponzi mortgage theft? Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 1 Jan 2015 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ How do we taxpayers protect ourselves against Ponzi mortgage theft? Source: http://ochousingnews.com/blog/ #housing
Foreclosure prevention efforts weaken the housing market - OC Housing News
by golfplan18 on 31 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ In the short term, foreclosure prevention laws drive up prices by restricting inventory; however, over the long term these laws drive up lending costs, making houses more costly ...
by golfplan18 on 31 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ In the short term, foreclosure prevention laws drive up prices by restricting inventory; however, over the long term these laws drive up lending costs, making houses more costly ...
California house buyers must time the housing market
by golfplan18 on 28 Dec 2014 5 comments, latest 10 years ago
http://ochousingnews.com/blog/ Due to the volatile nature of California house prices, timing the housing market is something every buyer must consider and understand. #housing
by golfplan18 on 28 Dec 2014 5 comments, latest 10 years ago
http://ochousingnews.com/blog/ Due to the volatile nature of California house prices, timing the housing market is something every buyer must consider and understand. #housing
Thieves of the housing bubble were ordinary people - OC Housing News
by golfplan18 on 30 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ The free money offered during the housing bubble turned many good people into thieves. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 30 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ The free money offered during the housing bubble turned many good people into thieves. Source: http://ochousingnews.com/blog/ #housing
Lenders violate the Sherman Antitrust Act to drive up house prices
by golfplan18 on 29 Dec 2014 2 comments, latest 10 years ago
http://ochousingnews.com/blog/ America’s largest banks engage in anti-competitive practices to drive up the price of housing, and rather than crack down, the government encourages it. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 29 Dec 2014 2 comments, latest 10 years ago
http://ochousingnews.com/blog/ America’s largest banks engage in anti-competitive practices to drive up the price of housing, and rather than crack down, the government encourages it. Source: http://ochousingnews.com/blog/ #housing
Bold California housing market predictions for 2014 OC Housing News
by golfplan18 on 1 Jan 2014 6 comments, latest 10 years ago
http://ochousingnews.com/calif Home sales volumes will decline, particularly in the Bay Area and the Inland Empire, largely due to a lack of owner occupant buyers. Failed loan modifications will cause ...
by golfplan18 on 1 Jan 2014 6 comments, latest 10 years ago
http://ochousingnews.com/calif Home sales volumes will decline, particularly in the Bay Area and the Inland Empire, largely due to a lack of owner occupant buyers. Failed loan modifications will cause ...
Rental parity analysis in appraisals would prevent another housing bubble
by golfplan18 on 25 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Array ( [No Max] => [1 % and More] => -1.00 [2 % and More] => -2.00 [3 % and More] => -3.00 [4 % and More] => ...
by golfplan18 on 25 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Array ( [No Max] => [1 % and More] => -1.00 [2 % and More] => -2.00 [3 % and More] => -3.00 [4 % and More] => ...
The agony of being underwater in America - OC Housing News
by golfplan18 on 23 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ I am thankful for many things this holiday season, and not being underwater on a mortgage is one of them. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 23 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ I am thankful for many things this holiday season, and not being underwater on a mortgage is one of them. Source: http://ochousingnews.com/blog/ #housing
Should unemployed renters face homelessness while loanowners don't?
by golfplan18 on 22 Dec 2014 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ The fear of homelessness is the essential motivation to get people to work to produce goods and services in our society. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 22 Dec 2014 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ The fear of homelessness is the essential motivation to get people to work to produce goods and services in our society. Source: http://ochousingnews.com/blog/ #housing
If mortgage rates rise in 2015, will house prices drop? - OC Housing News
by golfplan18 on 21 Dec 2014 2 comments, latest 10 years ago
http://ochousingnews.com/blog/ If mortgage interest rates move up, either house prices will fall or sales volumes will fall unless wages go up significantly. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 21 Dec 2014 2 comments, latest 10 years ago
http://ochousingnews.com/blog/ If mortgage interest rates move up, either house prices will fall or sales volumes will fall unless wages go up significantly. Source: http://ochousingnews.com/blog/ #housing
Speculating on negative cashflow properties is for losers - OC Housing News
by golfplan18 on 18 Dec 2014 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Most real estate investors are really speculators betting on appreciation. It’s a strategy destined to be a loser. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 18 Dec 2014 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ Most real estate investors are really speculators betting on appreciation. It’s a strategy destined to be a loser. Source: http://ochousingnews.com/blog/ #housing
Lender's fear of strategic default will prevent future housing bubbles
by golfplan18 on 17 Dec 2014 3 comments, latest 10 years ago
http://ochousingnews.com/blog/ Borrowers have moral responsibility to default on loans where the payment on an amortizing mortgage exceeds the cost of a comparable rental. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 17 Dec 2014 3 comments, latest 10 years ago
http://ochousingnews.com/blog/ Borrowers have moral responsibility to default on loans where the payment on an amortizing mortgage exceeds the cost of a comparable rental. Source: http://ochousingnews.com/blog/ #housing
Foreclosure and eviction from the American Dream - OC Housing News
by golfplan18 on 16 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Is foreclosure the end of the American Dream, or is it a fresh start and an opportunity for redemption? Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 16 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Is foreclosure the end of the American Dream, or is it a fresh start and an opportunity for redemption? Source: http://ochousingnews.com/blog/ #housing
Mortgage equity withdrawal should be heavily regulated - OC Housing News
by golfplan18 on 15 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ In order to prevent foreclosures and theft of taxpayer money through bailouts, mortgage equity withdrawal should be limited and regulated. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 15 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ In order to prevent foreclosures and theft of taxpayer money through bailouts, mortgage equity withdrawal should be limited and regulated. Source: http://ochousingnews.com/blog/ #housing
How to run a personal Ponzi scheme with mortgage debt - OC Housing News
by golfplan18 on 14 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ In its simplest form, a personal Ponzi scheme is borrowing money to pay debt service: acquiring new debt to pay old debt. It’s a path to disaster. Source: ...
by golfplan18 on 14 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ In its simplest form, a personal Ponzi scheme is borrowing money to pay debt service: acquiring new debt to pay old debt. It’s a path to disaster. Source: ...
Should bankruptcy judges reduce mortgage principal balances? - OC Housing News
by golfplan18 on 11 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Lenders argue reducing principal balances in bankruptcy proceedings would increase borrowing costs. The federal reserve disagrees. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 11 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Lenders argue reducing principal balances in bankruptcy proceedings would increase borrowing costs. The federal reserve disagrees. Source: http://ochousingnews.com/blog/ #housing
The four fundamentals of housing market prices - OC Housing News
by golfplan18 on 10 Dec 2014 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ There are four fundamentals that determine resale value: borrower income, allowable debt-to-income ratios, interest rates, and down payment requirements. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 10 Dec 2014 1 comment, latest 10 years ago
http://ochousingnews.com/blog/ There are four fundamentals that determine resale value: borrower income, allowable debt-to-income ratios, interest rates, and down payment requirements. Source: http://ochousingnews.com/blog/ #housing
Neurotic people prefer to own real estate - OC Housing News
by golfplan18 on 9 Dec 2014 4 comments, latest 10 years ago
http://ochousingnews.com/blog/ The emotional reasons for buying a house are real and valid, and even the most ardent renter should acknowledge them. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 9 Dec 2014 4 comments, latest 10 years ago
http://ochousingnews.com/blog/ The emotional reasons for buying a house are real and valid, and even the most ardent renter should acknowledge them. Source: http://ochousingnews.com/blog/ #housing
Americans increase debt servitude and restart Ponzi schemes - OC Housing News
by golfplan18 on 8 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ The exciting era of increasing financial freedom through household deleveraging recently came to an end. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 8 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ The exciting era of increasing financial freedom through household deleveraging recently came to an end. Source: http://ochousingnews.com/blog/ #housing
Lingering debt from collapsed Ponzi schemes hinders economic growth - OC Housing
by golfplan18 on 7 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ The economy of the 00s was built on millions of personal Ponzi schemes. The residual debt from their collapse weakens the recovery. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 7 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ The economy of the 00s was built on millions of personal Ponzi schemes. The residual debt from their collapse weakens the recovery. Source: http://ochousingnews.com/blog/ #housing
Renters need more opportunities to build wealth - OC Housing News
by golfplan18 on 4 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Instead of encouraging home ownership as the best means of acquiring wealth, perhaps government policy should encourage saving and investment among renters. Source: http://ochousingnews.com/blog/ #housing
by golfplan18 on 4 Dec 2014 Posted 10 years ago
http://ochousingnews.com/blog/ Instead of encouraging home ownership as the best means of acquiring wealth, perhaps government policy should encourage saving and investment among renters. Source: http://ochousingnews.com/blog/ #housing
If buyer and seller agree, should appraisers hit the number? - OC Housing News
by golfplan18 on 2 Dec 2014 5 comments, latest 10 years ago
http://ochousingnews.com/blog/ Is a house worth whatever a buyer and seller agree upon, or do appraisers have a responsibility to kill deals when the number is too high? Source: http://ochousingnews.com/blog/ ...
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by golfplan18 on 2 Dec 2014 5 comments, latest 10 years ago
http://ochousingnews.com/blog/ Is a house worth whatever a buyer and seller agree upon, or do appraisers have a responsibility to kill deals when the number is too high? Source: http://ochousingnews.com/blog/ ...
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