Support the Blog — Buy This Book!
For Kindle and with free ePub version. Only $9.49 Great reading.
Here is what Gary Shapiro CEO of the Consumer Electronics Association (CEA) said: Dvorak's writing sings with insight and clarity. Whether or not you agree with John's views, he will get you thinking and is never boring. These essays are worth the read!
Put this ad on your blog!
Syndicate
Subscribe to Main Blog feed here:
Subscribe to Comments too (below):
Junk Email Filter
I think I will what until it hits bottom to get on. Thanks.
Warning: may be illegal in Malaysia.
Could the giddy heights at the end have had anything to do with the illegal softwood lumber duties which royally pi**ed off the US’s neighbors to the north? A crime with many victims.
Cool how home prices were basically the same after 80 years. I really like it when the prices turn sideways and the first few drops actualy caused me to feel, or at least imagine, a tingling sensation in my stomach. I really like the unreadable graph of the data that they show in the last 0.5 seconds of the movie.
This is the image they were showing at the end. http://www.investingintelligently.com/wp-content/uploads/2006/08/a_history_of_home_values.png
Great site:
http://www.speculativebubble.com/
Very interesting video. A lot of people are going to be in for one heck of a ride when the market housing market crashes.
#6
Oops… market housing market… 😛
I was reading my great-great grandfathers immigration journal from about 1880.
He’d been in the country a few weeks and bought his first house — and he was poor.
He came across a “moving sale” and made a deal with the homeowner that if he bought the furniture and stove, she would throw the house in for free.
I’ve wanted to buy a house for 4 years now. I’m a 37 single guy. Problem is, I can’t afford a house on one income. So, I have an apartment. A good-sized one, but I get no equity from it when I leave it.
At work, I’ve had arguments with people that housing prices are too high. They say they aren’t too high. I think these people are high. They give me the whole “it’s what the market will bear” — but, I am the friggin’ market, and I can’t bear it.
Main problem is all these morons buying houses that are worth $140,000 for $350,000. I’ve loved watching foreclosures lately, though — and the mortgage companies going belly-up, I love that too.
The market won’t bear it any more, so the market will self-correct.
Best quote I read this week, paraphrased: “Houses shouldn’t be an investment vehicle”