CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Wednesday, June 04, 2008
Link.About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- Dynamic Maps of Income Distribution Over Time
- Africa = U.S. + Europe + China + India + Argentina
- Big 3 Want to Build Cars, Just Not With Union Labor
- Consumer Confidence About Economy Might Be Low, Bu...
- The Global Flat Tax Revolution
- It's Over: From 70% Odds to 5.5% in 135 Days
- How Rich Are You? Even Minimum Wage Workers in th...
- Want Cheaper Gas? Here Are 4 Solutions
- Return of King Dollar?
- Global Market Flows for Oil: U.S. Sucks It Up
3 Comments:
Hmmm, considering the numbers of different California taxes and how much one would pay, I can't imagine that even getting one house for free is worth the effort...
Free house or no, you couldn't get me to live in Escondido.
Well, one place is 1.6 mil, the other is 400k, that's not quite "buy one get one free" which is usually another of similar value.
It's essentially a "25% off" deal. which is good but not amazing.
I'd suspect you can manage something similar in a bankruptcy foreclosure or a Fed seizure auction.
It's not even really like a Shoes BOGO -- since you can generally, if you can find one you like, get a second pair of similar, but lesser value than the first pair.
But as a marketing tactic, it's certainly attention getting. Smart on the part of the dealer.
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