Imperial City

http://www.futureofcapitalism.com/2011/03/imperial-city

Michael Barone notices that in the latest Case-Shiller housing index numbers, housing prices are down year-over-year in 18 of 20 markets surveyed. The big exception? Washington, D.C., which is up 3.6%. As Mr. Barone puts it, "we in Washington have this thing called the federal government, which demands that you send it as much of your money as it wants and will put you in jail if you refuse to do so."

Well, it'll put you in jail, unless you're Andrew Stein.

by Editor  |  Mar 30, 2011 at 8:34 am Related Topics:  Housing, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list