Depends on How You Look at It
Kuehn, Don, American Teacher
It was the best of times, it was the worst of times ...it was the spring of hope, it was the winter of despair. . . .
- CHARLES DICKENS. A Tale of TWo Cities
IT DEPENDS onhowyoulookatit, but today's economy is either very good (like if you are trying to buy a new home) or very bad (if you are trying to sell one). This recession is just another swing of the economic pendulum. The concept is "reversion to the mean."
Home prices - as bad as they may seem are still a bit high when measured against comparable rental costs. Between 1983 and 1999, most houses were priced at 13 to 15 years' rent. In 2006, that index had zoomed to 25 years. The index is now about 20 and …
The rest of this article is only available to active members of Questia
Sign up now for a free, 1-day trial and receive full access to:
- Questia's entire collection
- Automatic bibliography creation
- More helpful research tools like notes, citations, and highlights
- Ad-free environment
Already a member? Log in now.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Article title: Depends on How You Look at It.
Contributors: Kuehn, Don - Author.
Magazine title: American Teacher.
Volume: 94.
Issue: 1
Publication date: September 2009.
Page number: 18.
© American Federation of Teachers Feb 2009.
Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
One moment ...
- Georgia
- Arial
- Times New Roman
- Verdana
- Courier/monospaced
Reset