You don't earn interest on withheld taxes, though you do get charged interest for lack of withholding (2210, and 2220 for you 1099 filers). That's a really nice bit of float big brother gets.
American Express and Warren Buffet have built empires off float...
There are very very few people with the means that will delay a home purchase decision. As a result the majority of the population is actively out hunting for "bargains" in the moderately adjusted housing market justifying the decision by telling themselves that they are taking advantage of all...
Got a flyer on my doorstep today for 29 Salt Bush with the description "... at a BERGIN Price... $3,999,900" I can't imagine trying to sell a $4MM house, and having the realtard misspell bargain.
Thanks for the link. I had read the Reserve Bank of Boston report previously, that concluded negative equity was immaterial as a factor in default, and always found it unconvincing. With the recent uptick in strategic defaults in prime space I was waiting for a good academic paper to explain...
Thank your lucky stars that they didn't hit your bid.
Next time you buy a house politely tell the selling agent that you only want to buy a house that has no other offers. That way you can absolutely confirm that it is the right time to buy (assuming you've done your due diligence on...
Sold all domestic equities yesterday. Regardless of the technicals, I can't imagine earnings growth is going to justify 25-30x P/Es over the next year.
I think IPOs numbers are good reflection of what has happened in SFR 3-4 bd segment this year. They do not capture the larger drops that have occurred in the low and high end segments. The broad measure also mask details that arise from a more granular approach.
For example, in the low end...