Another Supply Factor in Home Sales: Who Can Broker the Deal?

America‚Äôs latest bout of realty mania may finally be dying down, as home prices and particularly sales volumes decline after a rise of interest rates. With mortgage payments more costly, and expectations of equity appreciation diminishing, the fees charged by brokers may become a rub again. Five percent off the top, a typical full transactionContinue reading “Another Supply Factor in Home Sales: Who Can Broker the Deal?”

Sociology’s Un-economic Impulse

In the agitated state of modern societies, a rebellion against “neo-liberalism” heralds some preferred order, usually a form of ostensibly democratic socialism. Inherent in this movement is a rejection of economics, which is the study of allocating scarce resources. This is a startling proposition, coming off a generation or two in which economics has beenContinue reading “Sociology’s Un-economic Impulse”