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Bad Housing Market
Last week, I heard someone complain that the housing market was “bad.” Well, when housing appreciated 10-20% per year, I heard other people complain that the market was “ridiculous.” The truth is that the housing market has never been healthier. Now that the recession has washed away a lot of the speculative excess, housing is…
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Recession Special
Could really have used a polarizing filter to cut down the reflection in the window. Anyways, I spotted this sign in the window of a Thai restaurant in Millbrae over the weekend. Special Lunch Dishes Today For Those People Who Are Unemployed.Any noodle dish with your choice of chicken, pork, beef or veggi $5.50 On…
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Sign of the Times: Not Hiring
Spotted the “Not Hiring” sign during the weekend. You think a few people have already stopped by to ask about job openings? From what I hear, construction work has come to a dead halt. So, any contractor that is building in this economy will be very popular. Anyways, the sign really means a lot of…
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The Meaning of Gasoline Prices
Five months ago, I had to pay $4.55 per gallon for regular unleaded at the local Valero gasoline station. At the time, gasoline prices were just 10% away from hitting the $5.00 per gallon mark. So, if I was offered a bet on whether gasoline prices would be over $5.00 or under $2.50 in five…