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May 22, 2010

Bendigo


The Great Ocean Road I’m on the way to Adelaide and have stopped at a coffee shop in Tailem Bend, South Australia. If you can find this place on a map, you have a better map than me. I have just driven the Great Ocean Road between Melbourne and Adelaide. I’ve driven on a lot of scenic roads before; this is clearly one of ... Read More
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April 2, 2010

Miami Condo Market–No Bottom In Sight


I live on Miami Beach. It is the epicenter of the condo boom and then crash. For four years now, every hint of a bottom has been greeted with applause. Everyone wants to call the bottom—or at least hope that prices cannot go lower. Everywhere you look, people want to declare victory. I thought condo prices were silly as they went up. I think ... Read More
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March 30, 2010

The Kuppy Plan (How To Fix The Housing Market)


Dear Comrade Obama, Last week, I learned about yet another (soon to be failed) plan to fix the housing market. Like all plans before it, this one will only serve to waste government funds and instill false hope. I thought I would write to you with my own plan. Let’s call it the Kuppy Plan. I must say that I am proud of the ... Read More
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