Piketty’s Folly: Wrong on inequality, wronger on homeownership

RealtyTrac: 3.8m Homes to Receive Foreclosure Filing in 2010 A new state took the spotlight in RealtyTrac’s Foreclosure Market Report for August.

 · Article: Land as a Distinctive Factor of Production – The classical economists treated land as distinct from capital: ‘land, labor and capital’ were the three basic ‘factors of production’. They.

CoreLogic: 10.4 million mortgages still in negative equity This is down from 10.5 million or 21.7% of all residential properties at the end of Q4 2012. Higher home prices helped lift 850,000 mortgage borrowers out of negative equity. But a large part of the.

 · STOCK MARKET WATCH, Monday March 31, 2008 COUNTING THE DAYS DAYS REMAINING IN THE * REGIME 296 DAYS SINCE DEMOCRACY DIED (12/12/00) 2626 DAYS. The Center on Budget and Policy Priorities has another interesting report today on income inequality in the United States.. Validate the folly of sub-primes by permanently buying the toxic.

Piketty’s Folly: Wrong on inequality, wronger on homeownership. Homeownership, as it turns out, is doing a better job at building generational wealth than most anything else. It’s almost as if there’s a flaw in popular socialist economic theory.

Fannie Mae announces latest sale of non-performing loans Fannie Mae recently announced the winner of its fifteenth non-performing loan sale, which included 4,300 loans totaling $770.13 million in unpaid principal balance, divided among four pools.

Are Canada and OECD countries reducing income Inequality? Posted on January 17, /2018 By Terrance Hunsley, Politudes Many people, especially social advocacy groups, feel that government commitments to the welfare state started a long period of retrenchment in the late seventies.

Ali Solis – Ongoing Need in Affordable Housing How Washington could actually make housing more affordable – In the face of Congressional inaction, developers, affordable housing groups. like a crisis moment," says Ali Solis, the president of Make Room, a two-year-old group that advocates for renters..

Left behind. Dean Esmay reports that in the last half of the 20th century conservatism ceased to be the red-headed stepchild of American political thought – and then found itself at the dawn of the 21st to be the dominant strain.. Part of this, of course, is the fluidity of definition, especially political definition: the stance which was called "liberal" during the formative years of the.

Piketty isn’t just wrong on economics, he’s wrong on housing. Wronger, even. Now, I don’t accept the position that income inequality is a bad thing to begin with.

 · 20 10:02 Mr VASTA E0D Bonner It is great to see so much engagement in the petitions system addressing a large variety of issues and from people from all walks of life. I would also like to take this opportunity to remind all members that, as per standing orders 205 and 205A, members of parliament are not permitted to be a principal petitioner or a signatory to either a paper petition or an e.

Agencies team up to aid thousands of homeless vets Who is NCHV? The National Coalition for Homeless Veterans (NCHV) – a 501(c)(3) nonprofit organization governed by a 23-member board of directors – is the resource and technical assistance center for a national network of community-based service providers and local, state and federal agencies that provide emergency and supportive housing, food, health services, job training and placement.City council to vote on Richmond eminent domain proposal LOWELL — city councilors rita mercier and dan rourke decided not to force a vote Tuesday night on. most popular downtown high school proposal, known as Option Three. Both Rourke and Mercier oppose.

 · An Objectivist Individualist Charles R. Anderson, Ph.D. is a materials physicist, self-owned, a benevolent and tolerant Objectivist, a husband and father, the owner of a materials analysis laboratory, and a thinking individualist.. his ox or his donkey, or anything else that is his. I hope he is wrong and that most Americans will resist the.

DeMarco says FHFA will not consider principal write-downs Contents Fannie mae officials supported save taxpayer money mortgage fanatic: negative Housing finance agency Secretary shaun donovan testifies FHFA’s current director, Edward DeMarco, has refused to enact this policy-leading to a progressive "Dump DeMarco" campaign. The administration presumably had this in mind when it nominated Watt-who.