{"id":197826,"date":"2008-01-08T23:58:00","date_gmt":"2008-01-09T04:58:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/01\/08\/oh-my-god-7\/"},"modified":"2008-01-08T23:58:00","modified_gmt":"2008-01-09T04:58:00","slug":"oh-my-god-7","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/01\/08\/oh-my-god-7\/","title":{"rendered":"OH MY GOD"},"content":{"rendered":"<p>Rich Toscano has a post on <a href=\"http:\/\/piggington.com\/december_home_prices\">December home prices in the San Diego Area<\/a>, and if this does not scare you, are dead:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>For the month of December, the size-adjusted median price was down 4.6% for single family homes, 5.8% for condos and <span style=\"font-size:180%;\"><b>5.0% overall. That&#8217;s right, for the month<\/b><\/span>. The graph below shows the declines from the peak.<\/p><\/blockquote>\n<p><img decoding=\"async\" src=\"http:\/\/img132.imageshack.us\/img132\/5940\/dec07prsqftltgm8.gif\" \/><br \/>FWIW, the housing market is collapsing from the bottom up, so the houses not selling are cheaper, and the already bad figures become even worse when corrected for square footage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rich Toscano has a post on December home prices in the San Diego Area, and if this does not scare you, are dead: For the month of December, the size-adjusted median price was down 4.6% for single family homes, 5.8% for condos and 5.0% overall. That&#8217;s right, for the month. The graph below shows the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,973,1265],"tags":[],"class_list":["post-197826","post","type-post","status-publish","format-standard","hentry","category-bubble","category-economy","category-housing-crash"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197826"}],"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=197826"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197826\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=197826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=197826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=197826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}