Posted on 24 September 2008. Tags: EPA, federal funds rate, housing boom, housing bubble, HUD, Investing, land use regulation, monetary policy, Real Estate, Rob Viglione, speculation
I read anĀ article today that brought up two great points: Housing bubbles are worse in localities with high land use regulations, and federal housing policies geared towards subsidizing low-income homebuyers encourage folks who can’t afford to buy to do so anyway. Tag on ridiculously low federal funds interest rates for way too long and you have a recipe for disaster. Continue Reading
Posted in Economics, Investing, Politics, Real Estate
Posted on 19 July 2008. Tags: environment, environmental protection agency, EPA, fascist, lawnmower men, nazi, pervasive government, Politics, protectionism, regulations
Be wary of the growth of the Environmental Protection Agency (EPA). Unlike Congress, this agency is unaccountable to voters and is being used to push ultra-liberal environmental policy that heralds an unprecedented period of pervasive government. In “Lawnmower Men” the Wall Street Journal deciphers a vast new EPA regulatory proposal, showing how absurd (and dangerous) it portends to be.
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Posted in Politics