Thursday, May 24, 2007
Sydney's Housing Disaster
Financial Sense: Sydney's Housing Disaster
This long, but appropriate, article highlights some important issues overlooked by many people amid rising house prices. Central is the way the author questions the idea that people suddenly all feel more rich because the house at the end of their street sold for a premium. Unrealised gains are just that.
Posted by boz @ 02:51 PM (356 views) Add Comment
1 Comment
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1. Hunthunthunt said...
WOW. This is a very good article. Great anecdote R.E. the orange store.