Since the housing market collapse, banks have repossessed large numbers of homes. These REO or real estate owned properties are often vacant and rundown and can lower the values of nearby residences. While research confirms this spillover effect of REOs on other properties, few studies have evaluated its relative magnitude in different neighborhoods. DeVoe Moore … Continue reading New Study Examines Spillover Effects of Real Estate Owned Properties
By Chad Thomas Prices can tell us a lot. They communicate information about the value of resources in an economy and coordinate action among a myriad of buyers and sellers, many of whom have never met. The price system often comes into question in the aftermath of a natural disaster like Hurricanes Hermine and Matthew, as … Continue reading Anti-Price Gouging laws Hamper Storm Recovery
By Tyler Worthington As Florida’s population grows it will have to address a multitude of new problems, including stress on water supplies. States like California have experienced severe water shortages in recent years, and mismanagement has exacerbated this problem. Because California does not accurately price water, it has been misallocated. In Florida, The Turkey Point … Continue reading Pricing Water in Florida
By Matt Kelly The ridesharing technology company Uber has created quite a controversy overthe past year for its unprecedented disruption of the traditional taxi industry. Users praise the California-based company for shorter wait times and cheap fares, along with features like its driver rating system. Given the mobile app’s popularity with customers, many are now … Continue reading Florida Legislators Seek To Clarify Ridesharing Regulations
By Logan Shewmaker Next time you attend a ballgame, consider for a moment the monumental effort necessary to build a sports stadium. Surely, stadiums are among the most impressive structures ever built. Tourists continue to marvel at the architectural wonder of Rome’s Coliseum. But does that justify public subsidies? Three-fourths of stadiums in the U.S. … Continue reading Sports Stadiums Not Worth Public Subsidies
Original post date: July 30, 2013 Article by: Anonymous The Tampa Bay Times reported that Governor Scott has assigned his top lawyer to look into claims that six state legislators do not actually reside in the districts they represent. The accusations come courtesy of Sen. Jack Latvala, R-Clearwater and chair of the Ethics and Elections … Continue reading Legislator Residency Called into Question
Original Post date: July 10, 2012 Article by: Anonymous The subtitle of a recent Miami Herald Business Monday (6/18/2012) article read: “South Florida's real estate market suffers from depressed prices and low inventory [emphasis added].” With an average decrease of 49% in real estate values from the housing peak in 2006, perhaps suffering is an … Continue reading Is Florida Headed for a Seller’s Market?