A colleague brought to my attention a story from yesterday’s All Things Considered, and I can’t stop thinking about it. I mean, I wish I could stop thinking about it, because I need to move on. Alas.
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A small private college financial bubble?
StandardI bought a house in late 2001. People thought I was crazy to pay what I did, but still, in less than five years, I could’ve sold that house for double what I paid. But just two years later, if I wanted to sell it, I would have taken a loss. Continue reading