Archive for the 'Economy' Category

the housing bubble

Thursday, August 24th, 2006

Forbes has compiled a list of the most expensive places to rent in the US. Here are the top 15: RankLocation$/sq foot Class A$/sq foot Class B 1New York, NY27.84 18.31 2San Francisco, CA27.1719.91 3Los Angeles, CA25.1218.39 4Boston, MA25.0817.49 5Honolulu, HI24.9117.69 6Northern NJ23.3515.80 7Stamford-South CI23.2214.30 8Nassau-Suffolk, NY22.4016.66 9Orange County, CA21.7117.94 10San Jose, CA21.4717.51 11San Diego, CA20.3714.96 12Oakland-East Bay, CA19.0116.99 13Washington, DC18.8515.15 14Central NJ17.2414.01 15Philadelphia, PA16.0911.70 I’m not sure what how Class [...]

INTC

Thursday, June 22nd, 2006

I remember roughly 2 years ago, AMD brought the Opteron (and Athlon 64) to market. It was awesome! I still remember being amazed at the power and inexpensiveness of the Athlon 64 I used to use. It was and continues to be a great chip. Meanwhile, Intel was stuck in Pentium [...]

Anticipating a recession

Saturday, October 15th, 2005

Today’s NY Times has two articles that increased my hunch that the country is headed for a recession. First, the new bankruptcy law takes effect on Monday and many people are filing for bankruptcy to avoid the consequences of the new law. The increase in bankruptcy filings is staggering:

House Prices tied to Bankruptcy

Sunday, October 9th, 2005

For the second weekend in a row, I found an article in the New York Times about how the rapid rise of housing prices over the past five years is correlated to a decrease in bankruptcies. The basic idea underlying the phenomenon is that many homeowners have seen a vast increase in home equity [...]