Friday, July 29, 2005

Kiplinger Names 13 Riskiest Markets

PMI's Housing Risk Study suggests 13 riskiest markets to have a price fall in next two years
  1. Boston (53%)
  2. San Francisco (40%)
  3. Sacramento (40%)
  4. Providence (39%)
  5. L.A. (32%)

In come the waves

"The worldwide rise in house prices is the biggest bubble in history. Prepare for the economic pain when it pops"
- Economist, "In come the waves"