Blowing bubbles
2010-06-22 18:57:02.469205+02 by Dan Lyke 0 comments
Mark Hershberger pointed out LA Times: China's Real Estate boom spells trouble for boyfriends. Short version: Owning a house will get you laid. This is probably also a consequence of an undersupply of women from the "one child" policies. A currency kept artificially low, a housing boom, what could possibly go wrong?
Mark also pointed out that Homeownership in Russia Gets an American-Style Boost, and Housing Russia becomes a state priority.
Also: Philip Greenspun wins a bet that housing prices Cambridge would keep going up.