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You may have noticed that gas prices have gone up recently. I’m just taking a wild guess that you’ve heard of this. For those of us in commuting urban areas we are all too familiar with fuel prices. Gas prices always go up during this time of the year right before the summer driving season. The only difference this time is prices are going up at unprecedented speed and this time, high energy prices might be here for sometime. Most would think that during economic downturns such as the one we are in, you would expect to see falling prices running in line with falling demand or people simply adjusting to a different lifestyle. This isn’t the case. Housing prices are tanking but you need to remember they were up in the heavens and made no fundamental sense - prices are now only coming down to reality. Yet other cost of living items are going up and going up fast. If you are planning on sending your kids to the top public institution here in California, the University of California you can except to pay more this u…
Original Source: feeds.feedburner.com/DrHousingBubble-HowILearnedToLoveSocal
23 May, 2008| housingblogs |
@ 22:56
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