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Is Rent Control Bad?
I heard from a friend at work that rent control is bad; is that true? First of all, let me explain that what people call “rent control” is called rent stabilization by city governments. That’s because they feel enacting a governmental limitation on the amount or...
It Was Supposed To Be a Quiet Week…
This week was supposed to be quiet. And was when the markets were closed. Then the Japanese government announced that they will temporarily stop buying US Treasury Debt. Temporarily. Who knows when they will come back into our market? Hopefully it will be next week....
Client Was Turned Down, But Then Turned it Around!
Client turned down by underwriter because of too much tax write off, even though he is a salaried engineer! This often happens when underwriters, who have to look at 4-7 profiles a day, make a technical mistake. (My client is an engineer buying a home to live in as...