Posted by Jonathan J. Miller -Monday, September 13, 2010, 7:13 PM
Well, a tongue in cheek interpretation of their September 6, 2010 cover -hat tip to Business Insider who beat me to the punch(line)during this back to school, holidays every other day period of the year.
There’s that old joke, if it’s on the cover of Time Magazine, then it already happened… (I must admit that I feel guilty repeating this joke since I like the author’s work and have been an avid follower of their Curious Capitalist blog). Still it makes for an interesting message.
June 13, 2005 Home $weet Home “Why we’re going gaga over real estate”
By mid 2005 the housing market was already showing serious problems and this was nothing more than a “pile on” article consistent with everything that was being written at the time. Incidentally this cover pre-dates Matrix which I started on August 1, 2005 with this post.
September 6, 2010 Rethinking Homeownership “Why owning a home may no longer make economic sense.”
Earlier today I posted about the guilt and self-loathing we seemed to have assumed since the July NAR Existing Home Sale numbers came out last month.