"Homes traditionally have sold for about 20 times what it would cost to rent them for a year. In 2006, houses were selling for 32 times annual rent."
Why Home Values May Take Decades to Recover
by Dennis Cauchon
http://www.usatoday.com/printedition/news/20081212/1ahouseprices12_cv.art.htm
This blog is meant to capture the intersection of business, economics, politics, science, humanities, global culture, facts, figures, ideas, human nature, inventions, technology, health, food, sex...It is really an ode to life and the many things to think about and consider along the way.
Friday, December 12, 2008
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