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Landmark Links December 20th – And To All A Good Night

  Quick programming note: this will likely be the last Landmark Links for 2016 as I take some much needed time off to hang out with my family and relax.  If I see something particularly interesting, I may post it.  If not, I wish you all a Merry Christmas and Happy New Year!  If you […]

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Landmark Links December 16th – Liftoff

  Lead Story… We are likely to read quite a bit in the coming months about the inherent conflict between higher interest rates resulting from economic growth/inflation and housing prices. Generally speaking, higher interest rates make mortgages more expensive, leading to less buying power and flattening or declining growth in home prices.  Rates have soared on […]

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Landmark Links December 13th – Willful Ignorance

  Lead Story… Anyone who took Econ 101 in college should be well aware of the fact that supply and demand determine the price of goods.  When supply exceeds demand, prices fall and when demand exceeds supply, prices rise.  This relationship gets more complicated when you account for other factors like subsidies and tariffs but, generally speaking, […]

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Landmark Links December 9th – Eyes on the Prize

  Lead Story… As 2016 draws to a close, I think it’s safe to say that we can all expect the drumbeat of California housing crisis articles that have been picking up pace of late will continue well into 2017.  This is not at all a bad thing in and of itself since acceptance is […]

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Landmark Links December 6th – This is Fine

  Lead Story… Since the end of the Great Recession, it’s been well documented that, while borrowing costs dropped dramatically, access to credit for both builders and home owners have become much more stringent.  The end result is that those who can access credit are doing better, actually much better.  While those who can’t are left out in […]

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Landmark Links December 2nd – Moment of Truth

  Lead Story… So it finally happened.  Just like a proverbial broken clock, the “interest rates have nowhere to go but up crowd” was finally right, albeit for all of the wrong reasons.  Ironically it wasn’t QE, a soverign debt downgrade, bailouts or the Fed holding short term rates at low levels that ultimately caused rates to […]

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