An amateurish attempt at explaining current events large and small.
Tuesday, October 23, 2007
Real Estate Racket
Todd Zwyicki has interesting post on some parts of the real estate industry that are a something of a racket; notably, title insurance and closing costs. He links to a website hosted by DOJ's antitrust division on competitive issues in real estate. If I were independently wealthy I would commission an army of libertarian lawyers to attack rent seek policies on a state by state basis.