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Housing News: Build Your Own Architect


The Architourist is an open-source site that allows world travelers to develop and edit entries relating to architecture. It's based off a wiki, which for the uninitiated means that any reader can go in there and add any data they wanted as if they, themselves, created the site. Looks very cool, and it will be amusing to see who gets into flame wars over modern architecture trends. (Credit to Housing Finance for the link.)

Speaking of architectural trends, Business Week has an interesting story on what it takes to innovate with architecture. I have a friend who's an architect. Weird guy, stays up all hours of the night, socially malajusted...yet he's brilliant when it comes to conceiving designs and ideas that most people either never think of or take for granted. There's even a neat little slide show that demonstrates how we continue to expand our horizons and regain the engineering genius that brought us the Pyramids, the Great Wall, etc.

A foreclosure vulture predicts bad tidings for the housing market. Now, mind you, this woman specializes in foreclosures, so it's her job on the line if they don't happen. Still, some of the stuff she's slinging here is sensible. Money quote:

For example, according to a report by CNBC, 45% of all loans out there are adjustable rate mortgages. As rates rise, their payments will be going up. With little growth in real personal income, those households are vulnerable.

Ain't that the truth. (Credit to Patrick.net for the link.)

As gas prices fall, consumer confidence rises. Here's a cosmic irony...heating bills may not be as high this year because of unseasonably warm temperatures. In other words, the thing that's saving families from going broke due to high oil prices...is global warming.

There are no words.

Posted at November 29, 2005 08:33 PM

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