Housing slump fuels bear market--Bloomberg.com: Worldwide
U.S. stocks fell and the Dow Jones Industrial Average lost more than 200 points for the second time in three days after the International Monetary Fund said there is no end in sight to the housing slump.
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There was also a report today saying that housing prices fell 16% over the last year. Las Vegas and Miami lost 25%.
On a lighter note, I will be on WBEZ today at 9:00 and you can check out the podcast. This is Chicago's NPR affiliate. The topic is condo associations banning the mezuzah, something I have blogged about here. Check it out by going to the program "Eight Forty Eight", or find the program at this location:
http://www.chicagopublicradio.org/Program_848.aspx
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