Outside the Beltway

Three years later, there are no signs that the real estate market is anywhere close to recovering.

An increasing number of bright observers are questioning the notion that everyone needs to go to college.

Is our current economic situation the result of massive government intervention? The Randians certainly think so.

The U.S. housing market is a long way from the glory days of the housing bubble, and that’s a good thing.

After several months of bad housing sales, politicians in Washington are starting to talk about bringing back one of the worst public policy programs of the last two years.

For many reasons, the housing market is unlikely to fully recover for the foreseeable future.

The housing market that existed from the late 1990s until 2007/08 was an historical anomaly, and anyone expecting a return to those days is fooling themselves.

Lenders and Borrowers seem poised to make the same mistakes that brought about the last Housing Bubble all over again.

If lawyers and MBAs don’t understand their mortgage documents, what chance do the rest of us have?

Most research shows that unemployment benefits/insurance increases the duration of unemployment.

Those with million dollar plus mortgages are defaulting at almost twice the rate on those smaller loans. Are the rich more ruthless?

Age-adjusted unemployment is at its worst in more than a quarter century