| UlteriorOstensibly I take pictures of people at work for this newsletter. Really, I just take their picture because it's neat. 
Anthony gave our cleaning person some flowers:   This is actually a good idea. 
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| f/8.0
Guess what? 
This lens kicks ass. |
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| nobody reads this blog, so...I'll tell the truth.But only for a minute.
A house is not an investment.
Ever since I graduated from college I've heard people talk about buying a house, or a condo. It's as if it is the most important financial decision for 20 somethings.
Now, I knew that there was a bubble and stuff, but I still thought, "once the dust settles, I'll buy a cute house and it will be my home and a good investment."
That's totally wrong. This U.S. median income in 2005 $'s
http://www.census.gov/prod/2006pubs/p60-231.pdf (this is the link to the census site)
As you can see, median income has gone nowhere since 1967.
http://bigpicture.typepad.com/comments/2008/10/hs-dent-confere.html (just some website with the home price v median income chart)
And home prices are, over the long run, a certain ratio of median income!!!! I mean, of course it would be, but I just somehow thought, deep down inside, that they would just keep getting more expensive.
So, a home is only an investment if a.) You know for shizzle you are buying a house in an area where demand will rise in the future and prices will go up. (New Orleans post Katrina, Seattle 1984) ,
or b.) If you are willing to sell during the next bubble.
I'm saving up my cheetos for something else.
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