Friday, April 02, 2010
The Economy - about those housing prices
It's hard to buy into any argument that the economy is improving when the value of major assets continues to decline...
At SeekingAlpha.com, Prieur du Plessis posted this and the graph that really tells the story:
"For some perspective of the all-important U.S. real estate market, Chart of the Day provided the graph below, illustrating the U.S. median price of a single-family home over the past 40 years."