Escape From New York City
In Apr. 2019, I published “Pension Funds Unable to Save New York City from Bankruptcy Again,” and the 2020 pandemic turned out to be the wicked pin that pricked the inevitable bust. The Big Apple has not faced such a dire situation in 45 years, as the current...
The Housing Crisis Could Already Be Here
As a businessman with no prior political experience, President Donald Trump has long viewed this dynamic as a positive attribute. In his view, the U.S. has a severe economic problem. Thus, it takes a person who knows how to start businesses to get us on the right...
Are We Suffering a Silent Real Estate Correction?
There’s an old saying that you should be fearful when others are greedy, and greedy when others are fearful. In other words, you shouldn’t blindly follow mass beliefs because you could get burned. In perhaps no other investment is that more true than real estate....