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Money Magazine Says "Uh-oh"
Sunday, October 16, 2005
In a continuation of their apparent reversal regarding the housing bubble, the November issue of Money Magazine has two articles on home improvement and one warning about the perils of buying property with family or friends. Discussion of home prices is absent, with the notable exception of this graphic:
Why do we pay so close attention to what Money Magazine says?
They are the most popular personal finance magazine in the country with a circulation of almost 2 million, and they been housing cheeleaders up until last month.
It is clearly disingenuous for them to ask, "Are owners trying to get out while they can?"
For previous posts on Money Magazine and real estate, see:
Money Magazine Does a One-Eighty
Money Magazine Does Real Estate
Money Magazine on "Cashing Out"
Why is This Couple So Happy?
2 comments:
There is a good discussion of the recent inflation report here:
http://www.2000wave.com/article.asp?id=mwo101405
I saw that. I've got one coming tomorrow - should be just as good.
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