Calculated Risk – Fitch Projects additional 25 percent House Price Declines (real terms) PIMCO, Phil Gross – MOOOOO From the above articles, there looks to be an additional 33% decline in real prices over the next 5 years for San Francisco. This is good news for those saving to buy a house in 5 years [...]
More real declines in house prices and what to do to avoid the worst
July 24th, 2008 · No Comments
Tags: Economics
The Big Sort – Willful segregation
July 11th, 2008 · No Comments
The Big Sort – book review Author’s Web Site I glanced over this book at Borders 2 nights ago and it seems to make a few good points about the willful segregation of Americans over time. The author views it as one of the reasons the US is so polarized and why the idea of [...]
Sweet Maps! -> Housing & Transportation Affordability Index
July 9th, 2008 · No Comments
Housing & Transportation Affordability Index Maps + Statistics = Happy Me. You can get a great view of the % of income people spend on housing, gasoline, transportation, mass transit, etc… What’s scary is that the majority of home owners in San Francisco spend over 45% of their income on housing + transportation costs alone. [...]
Tags: Economics