Archive for the ‘housing’ Category
Housing Price Hemorrhage
The news today shouldn’t come as a real surprise - mostly a corroboration of what we already knew: housing prices continue to fall:
Sales of single-family houses in the U.S. dropped in November by the most in two decades and resale prices collapsed at a pace reminiscent of the Great Depression, dashing speculation the market was [...]
Rent vs. Buy
I live in NYC. I am accordingly obsessed with real estate. But what I compulsively obsess over is not the newest development, nor the most recent astronomical price at some starchitect’s building. Rather, it’s a simple question: am I better of buying or renting?
Felix has an interesting article about it this morning - with lower interest rates and falling housing prices, the [...]
