Links: 2012-12-27

I hope to be commenting on some of these links over the next few days. Today and tomorrow,  will be in transit and won't be able to post. But afterwards I will have a lot to say, especially on Japan.
Best,
Edward
 
Housing
The echo housing bubble across the United States – Rising home prices in the face of stagnant household incomes. How the Fed is manipulating the monthly payment to keep home prices inflated. » Dr. Housing Bubble Blog
"The Case Shiller data is showing a steady increase in home prices across the United States.  The headline figures are clear but rarely make the connection that much of this gain is coming on the back of unprecedented Federal Reserve intervention.  Data is clear that household income is not making any significant gains.  These gains are coming largely ...


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