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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: gregor_us who wrote (4103)4/11/2004 5:05:39 PM
From: Tommaso  Read Replies (2) of 116555
 
I recommend the NY Times story today about the people trying to buy inexpensive houses in the Poconos and commute to jobs in NYC. A disastrous plan for most, it seems. Those who haven't been foreclosed yet may be as gasoline prices go up. Imagine driving over a thousand miles a week to work!

But such is the power of the idea of "owning your own home."
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