Sunday, April 8, 2007

irrational exuberance

I know this isn't related to supercomputers or clusters, but supergeek owns a house that he recently purchased. This house was purchased for almost twice the amount I swore I would never go over in buying a home. It's a great house, and I really don't deserve to live here. Thing is, I was looking at it as an investment, and sunk a large amount of money into it. This graph tells me I am about to lose all that money. I'll still have the house, but I can tell that the perceived value of my house, and every other house in America, is about to plummet.

1 comment:

Norma said...

A terrific chart. Glad ours is paid for. Check my blog for one being given away, if you'd like to move it.