Housing Prices Still Favor Heartland America

Written by Gary North on February 14, 2012

MedianSalePricePerSquareFoot

The Federal Reserve Bank of Cleveland has published a pair of charts that sow where housing costs have risen nationally. There is little doubt that the heartland missed out on the big bubble of the 2001-2006 period. It still retains an advantage over the coastal regions. The losses in the coastal regions have been substantial. […]

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