A different view of the housing “crisis”
Here’s a unique way of looking at housing costs data. Take the average housing prices in the U.S. since 1890, adjust for inflation, then plot it on a rollercoaster.
Pay particular attention to 1997 onward.
Here’s a unique way of looking at housing costs data. Take the average housing prices in the U.S. since 1890, adjust for inflation, then plot it on a rollercoaster.
Pay particular attention to 1997 onward.
Here’s a sarcastically hilarious article on the mortgage “crisis” via Free Money Finance. On the heels of his plan to freeze interest rates on subprime mortgages for responsible homeowners who simply needed a helping hand, President Bush announced today he is ready to shift his attention to assisting the “stupid, irresponsible homeowners who knowingly bought…
Johnny “Big Bridges are B-b-b-b-bad to the Bone” Norquist came to town, doo dah, doo dah. BuffaloPundit mentions it. The usual non-fact-based discussion ensues. I correct them. Lather, rinse, repeat.
Spent the week in sunny California – Anaheim area. One highlight of the trip was getting to visit the Queen Mary. Interestingly, the city of Long Beach owns the Queen Mary, and purchased it for $3.45 million – considerably more than it’s scrap value in 1967. It now leases it out to various entities, where…
Our first major holiday gathering at the new home was very successful. The weather was cooperative and everyone was able to make it out here to the hills. We had a fire going in the fireplace all day long. Amanda roasted a a perfect roast, in a way that even my father the “Meat Specialist”…
We rarely go anywhere new without doing a little geocaching along the way. One thing that made this trip fun was the series of caches at rest areas along I-90 East. Out of four rest stops before we exited, we found three geocaches. The fourth appears to be missing altogether. We hit a nice two-part…
This is too funny, i think that its a great way to show the housing crisis