All is not rosy, and it's only going to get worse as housing has nowhere to go but down.
Housing construction drops in October
http://news.yahoo.com/s/ap/20061117/ap_on_bi_go_ec_fi/economy
All is not rosy, and it's only going to get worse as housing has nowhere to go but down.
Housing construction drops in October
http://news.yahoo.com/s/ap/20061117/ap_on_bi_go_ec_fi/economy
That's the same stuff we went over back in post 24, that the people at GoldMoney and DollarCollapse are in business to make gold look better than other investments, and AP's in business to make democrats look good.
Just yesterday the leftpress was talking about how now that we got Dems in congress we're seeing pay increases like we haven't had since the Clinton boom years. They'll be describing housing that way soon, as housing starts are about average for the long term, and still better than the Clinton boom years.
The reason successful investors have ignored the dollarcollaps's graph isn't just because incomes are up. IMO it's because wealth is measured not my dividing income by debt, but by subtracting debts from assets --and we all know that net-worth balances are at all time highs.