People talk a lot about the housing market, and that we're in bubble. I personally am hesitant to pursue anything in the market, and this graph sums of my feelings pretty well to where we're at. Click on image for larger size.
Posted in Bling Bling on December 7th, 2006 at 2:28 pm
One of the least reported facts of the modern world is the huge sum of money floating around the globe in search of returns. The demand for investment opportunities has outstripped their supply. The result? First inflation in stocks and now inflation in housing. The punchline? You, Mr. Byers, need to start a business and give some portion of these trillions of dollars of investment money a place to sit.
Awesome graph Eebs. If i can just stay at my parents until 2011, I might have enough for a down payment, of course, i’m probably going to remain single , ha
December 7th, 2006 at 5:35 pm
Looks like a good time to sell. Thanks for the market update.
December 7th, 2006 at 9:16 pm
One of the least reported facts of the modern world is the huge sum of money floating around the globe in search of returns. The demand for investment opportunities has outstripped their supply. The result? First inflation in stocks and now inflation in housing. The punchline? You, Mr. Byers, need to start a business and give some portion of these trillions of dollars of investment money a place to sit.
December 7th, 2006 at 9:44 pm
…and that place is in Jayna’s wallet.
December 7th, 2006 at 9:46 pm
I don’t think shoes have that good of a ROI…
December 8th, 2006 at 11:30 am
Nor do plastic tommy guns.
December 10th, 2006 at 3:24 pm
Awesome graph Eebs. If i can just stay at my parents until 2011, I might have enough for a down payment, of course, i’m probably going to remain single , ha