UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of one quarter of America's presidencies and edited alternative journals since 1964. The Review has been on the web since 1995. See main page for full contents

July 25, 2009

USING BUBBLE TOLD IN THE TALE OF ONE HOUSE



2 Comments:

Anonymous Mairead said...

Palm Springs? Isn't there an impending problem with water, there?

July 25, 2009 12:40 PM  
Anonymous flavian said...

Madness. This is predetory lending at its worst. To rise from $38k in 2001 to $450k in 2006 and then fall below its 2001 value. This is not a bubble but a sky rocket housing market, up fast and boom! The institutions that created this madness should be locked up.

July 27, 2009 8:20 AM  

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