Monday, October 4, 2010

Homeless Shelter

Yeah, a storm is threatening
My very life today
If I don't get some shelter
Lord I'm gonna fade away
--Rolling Stones

Hard to see firming in home prices with trends like this.


Note that vacancies were on the rise way before the recent mortgage meltdown. Points to an increase in supply in the face of weakening demand.

Markets rarely act this way unless they have some 'help'...

position in SH

1 comment:

dgeorge12358 said...

Money is the worst currency that ever grew among mankind. This sacks cities, this drives men from their homes, this teaches and corrupts the worthiest minds to turn base deeds.
~Sophocles