The Gazette reported in the Wednesday 12-30-2009 addition that basically, prices are higher and incomes are lower than they were 10 years ago. Median income is down $2,000, public debt is double and gas is 30% higher. At least the Iowa City housing market is stable. This is good news if you’re a real estate broker, or a home owner! I believe it also shows the stable influence of the U of I on the market, too.
Let’s hope for, no, let’s work for a better decade. Our kids deserve it!