Apr 27, 2011

A Man's Snail Is His Castle

Randy Bish, 4/26/11:
Housing prices can't "recover" until they actually hit bottom -- and they're still substantially above historical norms, viz:

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Please remember that the purpose of Editorial Explanations is to explain and to expand knowledge, rather than to engage in any partisan bickering. All cartoonists are completely correct, in their own worlds.