Your Tax Dollars at Work: Case-Shiller Edition

Want to see how your tax money invigorates the economy…in one specific area of the country?

Have a look at the below Case-Shiller home price index by metro area below (courtesy of Real Time Economics) and tell me if you can spot the housing bull market:

Did you guess Washington DC as the lone housing market in a pricing uptrend this year?  Congrats!  You win nothing.  Nor do most of us.

But this is a very consipucous win for lobbyists, bureaucrats and related hangers on.

 

 

 

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