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Israelis crushed by housing prices take to streets. Can we learn?


By bubblesitter   Follow   Sun, 31 Jul 2011, 1:05pm   563 views   3 comments
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http://www.cnn.com/2011/WORLD/meast/07/24/israel.protests/index.html?iref=obinsite

Hey at least they are voicing against it. Not like millions here that accept this as a normal way of life.

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  1. HousingWatcher


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    1   3:27pm Sun 31 Jul 2011   Share   Quote   Permalink   Like   Dislike  

    If you don't like high housing prices, then move to Kansas.

  2. B.A.C.A.H.


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    2   3:34pm Sun 31 Jul 2011   Share   Quote   Permalink   Like   Dislike  

    Watcher, housing prices don't matter. What matters is, dwelling cost as it compares to the labor market. It is a leveler, kind of like the Big Mac index. In that sense, Kansas is probably not such a bargain.

  3. bubblesitter


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    3   6:04pm Sun 31 Jul 2011   Share   Quote   Permalink   Like   Dislike  

    HousingWatcher says

    If you don't like high housing prices, then move to Kansas.

    And do they have jobs in Kansas to support the local RE prices?

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