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  • THE DISMAL SCIENCE

    Filed at 1:26 pm under by dcobranchi

    Calculated Risk is a really good blog on the housing meltdown. It’s also really depressing. And from the Department of Personal Anecdotes I note that as recently as 3 months ago I was preparing to take out a HELOC to put a metal roof on our home. That project is on indefinite hold, due entirely to the problems in the housing market.

    2 Responses to “THE DISMAL SCIENCE”


    Comment by
    Toni
    January 1st, 2008
    at 7:50 pm

    I’m starting to worry more about the trickle down effect (of the housing crash) leading to a major credit card meltdown, too… rather depressing to think of what it could mean for a lot of families… (probably no gov’t bailout on that one).
    and oh, Happy New Year.


    Comment by
    Andrea Roach
    January 4th, 2008
    at 4:23 pm

    Stupid me did take out a HELOC in July when our central air shot craps.