Relief In Sight?

I feel a tiny step closer to the American Dream tonight.

A few months ago, I sat down with a close relative from another part of the country to try and explain the SoCal housing market. I used the following example to illustrate the absurdity of what is happening here:

• One bedroom, one bath
• 900 square feet
• Build in the 1940’s
• Listed for $839,000

She said to me, “Why would a rich person buy that house?” I said, “They don't."

Then I went and found solace and inspiration here.

On an unrelated point, I listened to the new Sheryl Crow CD this weekend. Two good songs: "Good is Good" and "I Know Why". The rest is so dreary that after listening to the album in its entirely I was in a depressive state so serious that even Depeche Mode could have rescued me. Don't say I didn't warn you.