housing bubble: what a ride…

Housing prices and housing sales impact the willingness of developers to build new houses. This in turn impacts lumber markets and limits or expands the economic viability of options available to forest managers.

Here’s a short entertaining video that illustrates where housing values stood in 2006…

Real Estate Roller Coaster
US Home prices adjusted for inflation plotted as a roller coaster:

If you really need to see it as a graph click here, but watch the video first…

Want vs Need

Here’s an item that might help us change the way we think:

Do you know when is enough is enough? » Coolest Gadgets

“More or less every single day we hear from some one who is stating that we need to save water or cut down on waste, but how on earth are we supposed to know exactly how much water we need to survive? Well the people, who brought us seats made out of recycled egg cartons, think that they have come up with a very useful and practical way to answer that question.”