Sunday, April 22, 2007

Inland Empire- I told you so

I been saying over a year how I knew people could not afford these prices. It is a new world to get the Sunday paper and see your home values tanking due to foreclosures. Told you so...

Front page of today's Press Enterprise: http://www.newseum.org/todaysfrontpages/hr.asp?fpVname=CA_PE&ref_pge=gal&b_pge=1

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiiWzd79auI92pPTPkdcY819BzfcLSsMKCcbMtOzdRhnkh9e1Y0E7W-w3ckn_M48XuDzBdF3uolmjv8xFgUqxicoDkaGs0T4LfNBf1UepJMdZMPJbmwLavZWtdMuXuUEjt35qg60Vhb72pF/s320/CA_PE.jpg

1 comment:

John Galt said...

I wrote a new post on my blog you may want to checkout called "How the 'Core CPI' number is a poor model of inflation". Pretty amazing that the Government uses "equivalent rent" to judge inflation. Ridiculous! My math proves why: http://capitaf.blogspot.com/