Weekly Roundup returns after Labor Day, but. . .
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Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About on Tuesday. And have a very happy Independence Day!
While the latest S& P Case-Shiller statistics are hardly cause for celebration, neither should they make us contemplate suicide.
I’d love to see a far more robust housing market, but perhaps not only because, as you might suspect, I’d love to be selling more property. (Of course, I would.)
My chief concern is that poor housing numbers explain an important reason for our stubbornly sluggish economic recovery.
But let’s adopt a healthy perspective on the numbers, which are even worse adjusted for inflation than those reported by Case-Shiller: Continue reading