PolySciFi Blog

Wednesday, June 01, 2005


Contributing to the Housing Bubble

As of today, Preethi and I are the proud owners of 20% of this townhouse (we closed today).

Though according to Drezner, this purchase satisfies the two conditions cited by Rosen where I'm not actually contributing to the bubble, so perhaps the title is misleading. (On a more technical note, I think as with all real estate phenomena, the housing bubble is specific to the location, location, location.)


This page is powered by Blogger. Isn't yours?