The promise of video teleconferencing has until recently not met the needs for most business meetings. That's changing fast with telepresence systems. Real opportunity here for cost reduction. What with plumetting service levels at airports and airlines, lots of business travelers will welcome some travel relief. Article.
Tuesday, August 5, 2008
Monday, August 4, 2008
$ | home prices | kedrosky
here's another take on where home prices may be headed. in a nutshell, home prices were very close to a constant multiple of median family income (trending around 2.8 times median family income) during 1977 to about 2001. then prices took off, heading to nearly 4 times. prices still have a ways to drop to get back to a 2.8 factor. and, of course, they may drop through that factor before they bounce back. bottom line is another 17% or more drop in prices before they stabilize. or four years of no price increases while income catches-up.
but, and this is big, national median house prices are interesting but residential real estate is hyper-local.
interesting read, here's the link:
but, and this is big, national median house prices are interesting but residential real estate is hyper-local.
interesting read, here's the link:
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