Friday, May 29, 2009

house.

Not a good time to be house shopping. Interest rates will be soaring soon. Plus according to these guys, it doesn't sound like a housing market recovery is going to be happening any time soon. Housing as an investment is a fairly rotten idea anyway. However you need a place to live. Hopefully things will get better as the year goes by. The low rates have probably passed us by for a couple of decades and now the Fed will have to raise rates to try to control inflation in the near term. I will say it again... "I have impeccable timing!".

nc

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