The Pacific Northwest, Home of Les Misérables

Michael van Baker — Thu, 31 Mar 2011 17:38:58 +0000

The Misery Index tracks just three factors: decline in home value, increase in gas prices, and unemployment. As for the home prices, this headline from the Seattle Bubble gives you some idea: "Case-Shiller: Seattle Home Prices Nearly 30 Percent Off Peak." Portland, same story. If that's not enough, economists are predicting a double-dip in housing prices, while even renters are getting hit with increases, thanks to refugees from the housing market deciding to rent instead.

The SunBreak » misery index

The Pacific Northwest, Home of Les Misérables