Odds ‘n Sods:
RBS sent us this, from the Dr. Housing Bubble Blog: Southern California Housing Numbers Exposed: The Bottom Falls out of the Housing Market, Again. Pay particular attention to the chart that shows the two year lag between sales drops and price drops. Clearly, the worst is yet to come. I’m still predicting a 50%+ drop in house prices in most California counties. The law of supply and demand is inescapable. o o o Mark from Michigan alerted me to a great little article over at the SHTF Blog: on constructing secret doors, with links to web pages by folks …