mnot’s blog

Design depends largely on constraints.” — Charles Eames

Sunday, 1 May 2005

Bay Area Economics

Arguments for Buying a House Now

In the interest of equal time, two quotes attributed to Keynes;

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.> The market can stay irrational longer than you can stay solvent.

P.S. That’s not to say he’d plop down a cool million for a 1,300 square foot two-bedder.