{"id":192290,"date":"2009-04-20T20:28:00","date_gmt":"2009-04-21T01:28:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/20\/i-want-what-they-are-smoking\/"},"modified":"2009-04-20T20:28:00","modified_gmt":"2009-04-21T01:28:00","slug":"i-want-what-they-are-smoking","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/20\/i-want-what-they-are-smoking\/","title":{"rendered":"I Want What They Are Smoking"},"content":{"rendered":"<p>IHS Global Insight is saying that the <a href=\"http:\/\/www.thetruthaboutmortgage.com\/study-says-nation%E2%80%99s-housing-market-undervalued\/\">nation\u2019s housing market is undervalued<\/a>:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>A new report released today by IHS Global Insight and PNC Financial Services Group revealed that the nation\u2019s housing market as a whole is \u201cslightly undervalued,\u201d but said there was no sign of a bottom.<\/p>\n<p>The so-called \u201cHouse Prices in America\u201d fourth quarter update found that home prices had fallen a collective 9.9 percent from their 2007 peak, although much more in sand states like California and Florida.<\/p><\/blockquote>\n<p>About the only thing that I can figure is that they are thinking that the dollar figures are Zimbabwean dollars of something.<\/p>\n<p>Housing is still <span style=\"font-weight: bold;\">well<\/span> above historical trends in terms of absolute price, rent\/own ratio, and relative to wages.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IHS Global Insight is saying that the nation\u2019s housing market is undervalued: A new report released today by IHS Global Insight and PNC Financial Services Group revealed that the nation\u2019s housing market as a whole is \u201cslightly undervalued,\u201d but said there was no sign of a bottom. The so-called \u201cHouse Prices in America\u201d fourth quarter &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088,982],"tags":[],"class_list":["post-192290","post","type-post","status-publish","format-standard","hentry","category-real-estate","category-stupid"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192290"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=192290"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192290\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}