MEDIAN HOME PRICES ARE WORSE THAN THEY APPEAR . . .
. . . because the published statistics are based only on homes that have sold – not those languishing on the market. Click here for the story. And don’t rush to buy a second home just yet; prices could have further to fall. Which could make for a tough economy; so don’t be buying stocks on margin or otherwise throwing caution to the wind.
But it’s the holiday season, and I don’t want to depress you, so . . .
THE WHITE HOUSE HOLIDAY VIDEO
James Musters: ‘Um…. I think they have lost grip of reality.’
☞ Click here if you haven’t seen it. ‘Cute’ may not be the mood we’re looking for from the White House just now – but maybe that’s just Mr. Musters and me.
This isn’t cute, it’s treacly. Sap that I am, I liked it even so. (Do you cry when you watch ‘It’s a Wonderful Life’? No? Well, then, skip this and go kick a dog [perhaps one of the ones in the White House holiday video].)
Quote of the Day
The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have too little.~Franklin D. Roosevelt
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