The Cupcake Bubble

Just like technology stocks in 2000 and housing in 2005, the cupcake bubble has burst. In 2004 or so, many of us started buying the most amazing cupcakes. 4 inches tall, topped with sprinkles or a coo…

Irrational Expectations

Let’s say that you purchased the house in which you now live during 1997 for the average national price, $171,900. With housing prices steadily rising, by 2006, a neighbor’s house would ha…

Paying Less For a House

In an interesting Politico opinion column, journalist Michael Kinsley wonders why everyone seems to assume that climbing home prices are good. He points out that most people are happy when the prices …

More Than Just a House

The story of a small home in Los Angeles is about much more than one house. Told by Marketplace.org and KCET TV, the story of the house on Lot 354 explains the entire housing bubble and bust. Built in…

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