This guy's logic is just plain wrong.  People are not saying that prices have risen 6% each and every year for the last 30 years.  People are saying that the current rate of inflation is much higher than the government is reporting.  This makes his Real Inflation Rate Table meaningless.  The true test will come when in...more

All nice places to visit but nobody in their right mind would want to live there!

You're wrong Michael.  Gold is still where it's at and this will be exponentially true in the next 2-4 years.  When the economy goes to hell, inflation runs rampant, and high interest rates bring down the stock, bond, and housing markets you need to revisit this column and see how wrong you were!

Houses?  No, houses will be much more of a bargain in 2-3 years.  The huge one that was left out is GOLD!

Smeado, I have a Master's Degree in Business.  How about you - what's your educational background?  The people you refer to are among the very few people in this country who correctly predicted the previous bursting of the real estate, stock market, and financial sector bubbles.  Write me back and tell me how stupid I ...more

Nobody in their right mind wants to live in the heat and humidity of the southeast which is where most of these places are located.  Pitt sucks in the wintertime.  I guess that leaves Albaturkey!

Good point Dave.  The author also fails to mention another minor detail, the fact that Uncle Ben is printing trillions of dollars with unprecedented reckless abandon which is most certainly going to lead to sky high inflation and interest rates.  In fact, inflation is already around 6% although the government claims it...more

This fiscal cliff is nothing compared to what lies ahead.  With idiot Uncle Ben printing massive amounts of new money, the groundwork has already been laid for significantly high inflation and interest rates.  This will lead to a complete devastation of the stock, bond, and real estate markets resulting in the worst de...more

You're an idiot Jon.  The stock market has been good only because Obama keeps printing more and more trillions of dollars.  This will inevitably lead to massive inflation and sky high interest rates causing unprecedented crashes in the stock, bond, and real estate markets.  The Great Depression is going to look like th...more