Postman Patel Wednesday, January 03, 2007 The Mysterious case of the disappearing M3 is worth re-reading. Containing as it does Your New Year Cut out 'N' Keep New year supplement for 2007".
It also contained the laughable quote ...
"If you live in the US ... the only thing you will buy cheaper in a year's time is your house."
Daily Telegraph today , "House prices in US fall at record rate"
"The Standard & Poor's/Case-Shiller index through October (i.e not yet including Nov/Dec) of 10 metropolitan areas fell 6.7pc compared to October 2006, a record decline. The previous biggest fall was a 6.3pc drop recorded in April 1991 just after the recession of the early 1990s." ...." The index has fallen every month in 2007 ... etc., etc., "
..and the grisly details ..
Click images to enlarge ...
Miami being the high (that is low) spot you might like to look at this on record Miami foreclosures and this from the NYT about cut price luxury condos in Palm Beach.
Pic by Documentary photographer Dorothea Lange b.1895 - d. 1965 from the Depression in the Dust Bowl. "Photography takes an instant out of time, altering life by holding it still."