Jodi and I are considering moving to another part of town. There are many branches on this decision tree, with when to sell our house and when to buy a significant limb. The many variables are enough to make your head spin, figuratively speaking.
Well, this little gem induces a literal queasiness on the question of real estate value. Somebody plotted the real estate market (adjusted for inflation) to a roller coaster. The ride is rough and the ending is ominous.
Real Estate Roller Coaster – Google Video
[…] The bigger problem is the theory that the housing market has propped up much of our economy during this bubble. People felt safe going into debt because their homes were appreciating so fast. We may be in for quite a ride. […]