Home prices tumbled in 3rd quarter
U.S. home prices fell 4.5 percent in the third quarter from a year earlier, the sharpest drop since Standard & Poor’s began its nationwide housing index in 1987 and another sign that the housing slump is far from over, the research group said Tuesday.
So, then, this hypothetical situation would also be Bad, correct?
Gasoline prices tumbled in 3rd quarter
U.S. gasoline prices fell 4.5 percent in the third quarter from a year earlier, the sharpest drop since Standard & Poor’s began its nationwide fuel index in 1987 and another sign that the fuel slump is far from over, the research group said Tuesday.
Wouldn’t that be just terrible?
High gasoline prices are bad but low house prices are also bad. We’ve all heard about how bad they both are.
So, um, are high milk prices good or bad?
Doesn’t it depend on whether or not you’re a milk buyer or a milk seller?
I’m also wondering about the mimeograph machine slump. That’s been going on for decades and is just going to get worse, at least as far as I can tell. What are we going to do about that?
This housing slump must be absolutely killing the first-time home buyers. How can a young couple with a baby on the way possibly afford to purchase a home with prices down 4.5% and looking to fall even more?
Will someone please decide once and for all if high prices are good or if they’re bad?
Stupid market economy.