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Tuesday, June 16, 2009
Monday, June 8, 2009
Why Home Prices May Never Recover
Here is the data from the USA today article that I posted earlier on my blog.
The graphs show long term housing appreciation data going back to 1950. Looking at the data, a house just isn't an investment. It is a roof over your head that is it. It is not even a source of ready cash if you need it because the markets determine whether or not a homeowner can access the equity in his home. To look at the actual data click here.
The graphs show long term housing appreciation data going back to 1950. Looking at the data, a house just isn't an investment. It is a roof over your head that is it. It is not even a source of ready cash if you need it because the markets determine whether or not a homeowner can access the equity in his home. To look at the actual data click here.
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