[SGVLUG] OT: housing and bear stearns

[matti]

Hi,

this is off topic...

Interesting graphs, news,...

look at the annual stock price of BSC
(and the related news... yahoo finance
works also for this... )

http://online.wsj.com/quotes/main.html?type=djn&symbol=bsc

(motley fool had a good article regarding them... )
http://www.fool.com/investing/dividends-income/2008/03/17/roundtable-what-bear-stearns-fallout-means-for-inv.aspx

likewise here's a good bbc article..
http://news.bbc.co.uk/2/hi/business/7296827.stm

look at the average house sold price in socal...
http://www.latimes.com/business/la-031408-fi-1homes-g,1,5799208.graphic

related article
http://www.latimes.com/business/la-fi-homes14mar14,1,1380779.story

I'm guessing we will see what some people like
to politely call a "market adjustment" is coming
to the socal housing prices
as credit tightens and some more banks fail

glad I didn't buy a house in the last year or 2...

best
matti



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