It is hard living in the Midwest to get a sense of the very real "gold rush" feel that folks in California are going through right now. If you visit, the first thing you notice is that "real estate" is the all consuming topic of everyone. Kind of brings back days of sitting around the campfire and talkn about where you found gold in them there streams.
Anyway, Counterpunch has an article talking about the housing bubble. It is an extreme view, but interesting. Click on the post for the entire article.
Wednesday, August 03, 2005
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