Comments on: Talking points on the housing bubble http://marketurbanism.com/2008/10/20/talking-points-on-the-housing-bubble/ Urbanism for Capitalists / Capitalism for Urbanists Wed, 03 Mar 2010 03:37:24 +0000 http://wordpress.org/?v=2.8.6 hourly 1 By: Hives Remedy Guru http://marketurbanism.com/2008/10/20/talking-points-on-the-housing-bubble/#comment-4747 Hives Remedy Guru Tue, 24 Feb 2009 22:07:02 +0000 http://marketurbanism.com/?p=405#comment-4747 Excellent historical review on talking points on the housing bubble. We have all seen that greed and overspending have created a huge monster now lets all hope we can slow down the monster before it takes off further. Excellent historical review on talking points on the housing bubble. We have all seen that greed and overspending have created a huge monster now lets all hope we can slow down the monster before it takes off further.

]]> By: Deregulation and the Crash of 2008: Was Greenspan right? « ThinkMarkets http://marketurbanism.com/2008/10/20/talking-points-on-the-housing-bubble/#comment-2252 Deregulation and the Crash of 2008: Was Greenspan right? « ThinkMarkets Fri, 14 Nov 2008 14:11:06 +0000 http://marketurbanism.com/?p=405#comment-2252 [...] Fannie, Freddie and other GSEs played in the resulting housing bubble are well known by now, but here’s a guest blog I did for “Market Urbanism” recently, that gives a [...] [...] Fannie, Freddie and other GSEs played in the resulting housing bubble are well known by now, but here’s a guest blog I did for “Market Urbanism” recently, that gives a [...]

]]> By: The Quisani League » Blog Archive » CoC: October 26, 2008 http://marketurbanism.com/2008/10/20/talking-points-on-the-housing-bubble/#comment-2006 The Quisani League » Blog Archive » CoC: October 26, 2008 Wed, 29 Oct 2008 04:34:15 +0000 http://marketurbanism.com/?p=405#comment-2006 [...] APH of Market Urbanism wrote on the subject of the mysterious raelm of economics. [...] [...] APH of Market Urbanism wrote on the subject of the mysterious raelm of economics. [...]

]]> By: John L. Pehrson http://marketurbanism.com/2008/10/20/talking-points-on-the-housing-bubble/#comment-1874 John L. Pehrson Wed, 22 Oct 2008 00:45:39 +0000 http://marketurbanism.com/?p=405#comment-1874 I share your concerns about this being blamed on capitalism. Another important cause of these recurring bubbles is irresponsible monetary management, as investors seek refuges from the ravages of inflation - See my blog entry, "Bubbles." I share your concerns about this being blamed on capitalism.

Another important cause of these recurring bubbles is irresponsible monetary management, as investors seek refuges from the ravages of inflation – See my blog entry, “Bubbles.”

]]> By: Stephen Smith http://marketurbanism.com/2008/10/20/talking-points-on-the-housing-bubble/#comment-1843 Stephen Smith Mon, 20 Oct 2008 18:57:23 +0000 http://marketurbanism.com/?p=405#comment-1843 You left out a change made in 1997, whereby capital gains taxes on real estate profits for those living in the house that they sold were reduced to 0% for the first $250,000 or $500,000 of gains realized, or some number so ridiculously high as to push the tax essentially down to 0%. This shifted resources from investment and salaried jobs into real estate, and people correctly saw an advantage in investing money in an area where the government won't tax it. I <a href="http://rationalitate.blogspot.com/2008/09/tax-policy-and-subprime-crisis.html" rel="nofollow">wrote about this</a> a while ago, as did many others. You left out a change made in 1997, whereby capital gains taxes on real estate profits for those living in the house that they sold were reduced to 0% for the first $250,000 or $500,000 of gains realized, or some number so ridiculously high as to push the tax essentially down to 0%. This shifted resources from investment and salaried jobs into real estate, and people correctly saw an advantage in investing money in an area where the government won’t tax it. I wrote about this a while ago, as did many others.

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