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


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2011 Jul 31, 6:05am   3,078 views  3 comments

by bubblesitter   ➕follow (0)   💰tip   ignore  

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.

#housing

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1   HousingWatcher   2011 Jul 31, 8:27am  

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

2   B.A.C.A.H.   2011 Jul 31, 8:34am  

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   2011 Jul 31, 11:04am  

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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