Wednesday, August 18, 2010

Housing starts plunge

Housing starts plunge due to a flood of foreclosures that is increasing. Sadly, average price of a home declined from 200,000 in 2005 to approx 130,000 now. It might soon go under 100,000 causing banks to ask the gov for more money. Things are hairy, and getting scary.

Meanwhile, Barnes and Nobles books are gathering dust as people flock to amazon. Fact is that you can buy digital books cheaper and save money. Physical books are heavy, cumbersome, and expensive.

0 comments: