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Peak Oil funprediction: 112606: crude 65-70 by 2/07 *** revised 013007: c70-95 by 8/07 *** rev 111807 c300 by 3/09
Today's random quote, reload for more: To a certain extent, I think the problem is that people think a house is an asset that will only increase in value as they pay for it, when really, a house is a consumer product like anything else. (Like a car.) Personally, I fear buying a home. After I heard about what happened to the homeowners in New Orleans after Katrina, I found the potential risk due to global warming of owning a home to far outweigh any potential reward of "equity". Given the trends in the insurance industry, who can afford the risk? --comment @ CFN
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