New low in post-bubble housing index

[nebris]

by Gaius Publius on 6/01/2011 05:34:00 PM



The NY Times (my emphasis; h/t Paul Krugman):
The desire to own your own home, long a bedrock of the American Dream, is fast becoming a casualty of the worst housing downturn since the Great Depression.

Even as the economy began to fitfully recover in the last year, the percentage of

Comments

[darksumomo]

It looks like Gaius has watched "The End of Suburbia" and read "The Long Emergency," the former starring your old camp conselor J.H. Kunstler and the latter written by him. He probably reads "Clusterfuck Nation" as well. Kunstler tells the same story about the history of suburbia and how it has taken over the American Dream. He also uses "Happy Motoring" in exactly the same way