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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (67868)8/10/2006 12:32:05 AM
From: Steve Lokness  Read Replies (2) of 110194
 
Mish;

You make an excellent point talking about the 800 square foot house. We should be ashamed of our trophy homes with a throw away life span. However just as the size of homes have mushroomed, the size of the lots those houses sit on have gotten smaller and smaller as the price has gone through the roof. Todays lots have seen huge inflationary gains. You also talk of the window improvements which is indeed a legitimate observation, however some of the most basic components of a house have just recently seen huge rises in price. Concrete and copper are two that come immediately to mind. ........When I go to the grocery store, prices that seemed to stay the same for almost forever, recently are rising on a regular basis. We'll see?

steve
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