Tuesday, September 25, 2007

What even most smart Americans don't realize

That our dollar is down, and fundamentals still don't look good. Article.

Also, Robert Schiller says the home market will likely go down for years (he doesn't give a specific number, but reading between the lines he seems to be saying about 5 more years).

Eric sends me this, which says Dallas is going to be the top nationwide market in the next year. The affordability of Texas housing played no small role in my decision to go there starting in (gasp) January.

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