In April 2010, we discussed the false meme that defaulting homeowners were about to cause a surge in retail spending (Are Defaults Really Driving Retail Spending?). That blessedly data free idea turned out to be false. But as the backers of Supply-Si…
Cliff Droke looks at declining housing prices and sees deflation at work…
An oft-repeated maxim is that real estate is one of the best long-term investments. For the better part of the last 60 years or so this certainly held true. In a typical “…