![]() ![]() |
Housing market update
» Posted by Martin Weil on January 11, 2006
BusinessWeek has a good update on the housing market. According to the magazine's chief economist, Michael Mandel, residential real estate investment as a percentage of US GDP has now surpassed the tech bubble at its peak. This does not bode well, Mandel argues, for home prices.
Previous entry: Do not retire in Tokyo |
|
|||||||||||
| Copyright 2005 MW Investment Strategy Group Inc. | Site Credits | ||||||||