What Happens If Real Estate Goes Bust
Monday, June 20, 2005
"...froth in some local markets."
Here's a decent article comparing the stock and housing boom.
"The key difference is that stocks are purely financial investments. You can sell a stock on a whim, and you don't have to run out and buy another. By contrast, people live in houses, and if they sell they have to move -- which is both costly and time-consuming."
Yahoo Finance
posted by author @ 10:10 PM,
