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You're right...I didn't read the link because its common sense that the larger cars and SUVs are safer. Now that I have read it, I found this quote:>>>>>> “Though the focus is on drivers, the rates reflect the relative fatality risk for all occupants,” McCartt adds. Death rates by...

I love statistics like this! Thing about it is that the average Civic is used to haul around something like 1.3 passengers, whereas the average SUV is used to haul around something like 2.5 passengers. So if you take those death rates per car, and divide by the average number of passengers...

Found my own answer. Here's a snip from an article by Rich Toscano: ************************ Yale professor Robert "Irrational Exuberance" Shiller and his colleague, Wellesley professor Karl Case, have taken an even bigger step in the right direction with a house price measurement they...

Cool graph. Is the "standard" house they are tracking for the times, or what? I mean, today, your typical house constructed is at least 1800 S.F. and has 3 BR. Back at the turn of the century, houses were more like 1 BRs and 900 S.F. Does anyone know how the index reconciles that? SM

The Big Bang Theory and Craig Fergeson show. Only two shows that make me laugh out loud.

When I bought my first house, a very seasoned attorney was doing the paperwork. We managed to lock in on a big dip in the interest rates and my wife insisted we pay a bunch of points, bringing the rate down to 6.75%. The attorney looked at the rate, kind of stunned, and said: "Mark my...

What appears most revealing of all, comes not from what people later wrote about BernardRichards but what people did not write about him. Consider that not a single historian, philosopher, scribe or follower who lived before or during the alleged time of Bernard, except for the more prominent...

I saw that on television. The reporter even said that since air was free, it was a free ride. Buncha hogwash. Still takes energy to compress the air. How much energy? To move the car 10 miles on compressed air, you need at least that much energy for compressing the air, plus any...

Nasdaq crashed about the time some evil men did a evil thing to innocent people. Business and mainstreet froze, and many speculators lost a fortune. The goverment responded by lowering interest rates and real estate took off. The real estate frenzy was good for the economy, put prices went...

This makes it sound like a third bubble! First tech stocks, then real estate, and now commodities? SM

Hey guys, I think I know a little big about economics, but I keep hearing in the news that speculators are "supposedly" keeping the price of oil up. From what I can figure, this would only work over the long term if there was collusion or a cartel type effect, where the entire supply channel...

Then tell us again how your parents "lost" anything? And if your friend had taken your advice and sold his house, then what? He could have bought another house that also would have lost value, or he could be renting right now. Right now, he could be potentially locked out of buying another...

In most cases, the cost of rent is much higher than half the cost of the payment. Sometimes the cost is roughly equal, and in my "flyover area", rents at 80 to 90% are the norm. When the pendulum was swinging the other way and interest rates were higher, it was even possible to buy a place...

Yeah, but you can have equity in that "liability". I'm a Rich Dad, Poor Dad disciple, but I've had problems with this concept. I mean, renting a house could be considered a liability too because you have to make regular payments. For that matter, eating, or just living, could be considered...

I agree with 90% of what you're saying here. I don't think it will bounce back like a dropped kitten in the short term (or for the long term), but I think payments are near a low. I was interested (and informed) by what you were saying about lumber prices...but I knew about labor. I believe...

Oh man, I gotta side with Pitz on this. High rates makes housing less attractive on a monthly payment basis, so people are less inclined to buy. Further, since buying is a substitute for renting, demand for rentals goes up. I think Pitz was talking about the mortgage rates, which are loosely...

You might be right for the frothy markets dropping another 25%. But this is the law of large numbers. I'm speakng about "most" locations. FWIW, I'm not trying to "scare" anyone. If anything, I'm offering a counterpoint to the drivel printed in the newspapers and giving an honest assessment...

Agreed. My perspective is that housing did have a run that was partially justified by the lower interest rates, but then it became somewhat of a mania in some areas. Prices should have dropped *SOME*, and they did, like in the so called, "flyover states". But what I've been anticipating is...