Tag: housing
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A first hand account of foreclosure
A recent reddit thread about questionable jobs revealed an real-estate worker willing to talk about his experiences foreclosing on homes. He expanded his experiences into a longer post that is eloquent, emotionally charged and revealing about the lasting impact of the global financial crisis. [T]hey can get angry and defensive, tell me that they were never…
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Homeowners and Civil Engagement
According to The Wall Street Journal, the home buyers’ tax credit initiative (U.S.) was “intended to help spur housing sales” by offering financial incentives to first time home-buyers and certain repeat buyers. However the initiative encourages “excess mobility”, suggests Edward Glaeser, a professor of economics at Harvard, and this is something we should not be…