Tuesday, February 9, 2010


Housing Market Crash
http://www.wired.com/autopia/

I read this article which questioned if cars could have caused a part of the housing crash. It gave reference to Jacksonville, Florida. The article talked about lack of public transportation. The writer probable has never seen the bus station downtown, it stays busy. Stops are all over Jacksonville. Many people buying homes do have newer cars. The reduction in hours and the freeze in wages over the last several years have caused incomes to go down. When people plan to buy a home they could only hope to be able to make the payments.

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