Tuesday, June 14, 2005

“Some Hazard From Harvard…”

Harvard’s Joint Center for Housing Studies released a report detailing the state of the housing market. Buying a house is desperate and frenzied according to the study and rapidly becoming unaffordable. Bonus points for who wrote the lyrics “…some hazard from Harvard was skunked on beers…” (hint – Jersey Shore). Double bonus points for naming the song.

“Even though home ownership is at an all-time high, soaring costs and relatively flat wages make affordability a growing problem for millions of low- and moderate-income workers, according to a Harvard study released Monday.”

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