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Loan payments impact on credit score

I think you're both right. Shiller's data that Joe shows in the link above excludes new construction. But I believe in the second edition of _Irrational Exuberance_ Shiller gives Bread's number when the median price of all homes, including new construction, is used. You know - new features, bigger house, etc. must be taken into account. Jim was talking about a situation where he would be building so Bread's number might be more useful, but as Bread points out, either growth number makes the point.

-Will

william dot trice at ngc dot com

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Reply to
Will Trice
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Funny you bring that up. The median home grew in size from 1400 sq. ft in 1970 to 2330 sq. ft in 2004, a 1.5%/yr increase over a 34 yr period, all due to size. So if BWS's number is correct, it's all accounted for in size increase. The price per square ft would have remained flat. Joe

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Reply to
joetaxpayer

John A. Weeks III wrote: [...]

I for one don't sell any of these things, nor have I done any of them in the last ten years. But I have done each of them once, in a controlled fashion, at some point. And in each instance, I'm pretty sure I paid no commission to anyone.

Coincidentally, I opened my newspaper this morning and read a local article headlined, "Could dumpster meals be the way of the future?" (I will post the link if anyone asks).

Guess which Usenet thread immediately sprang to mind? ;-)

"Freegans, as they're called, eat food that they take out of garbage dumpsters. Yes, you read that right. These people are not homeless, or unemployed, or even broke. They're well educated citizens trying to make a statement about our society's wastefulness by harvesting edibles from the back doors of grocery stores and restaurants."

The connection to financial planning is this: it's not all about the supply side (making money), it's also about the demand side (how you spend it).

-Mark Bole

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Reply to
Mark Bole

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