Who hasn’t dreamed of shipping their folks down south for the remainder of their “golden” years? I know I have! Unfortunately with the current state of the economy, we’re all too happy simply keeping a roof over our own heads. Until now…

“Today’s chart is pretty self-explanatory. It’s the price of a single family house (with data from RedFin) in Palm Springs, CA. Watch it do a round trip from 2001 to 2009. The dip started in 2008, and we took a stab at what that buyer was probably thinking. (via PlanetMoney)” continue reading...