{"id":2584,"date":"2008-05-19T05:11:36","date_gmt":"2008-05-19T10:11:36","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=2584"},"modified":"2008-05-19T10:54:41","modified_gmt":"2008-05-19T15:54:41","slug":"thats-why-its-called-a-cycle","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=2584","title":{"rendered":"That&#8217;s Why It&#8217;s Called A &#8220;Cycle&#8221;&#8230;"},"content":{"rendered":"<p>&#8230;rather than a &#8220;<a href=\"http:\/\/www.startribune.com\/business\/19045249.html?location_refer=Homepage\">straight<\/a> <a href=\"http:\/\/www.startribune.com\/19066954.html\">line<\/a>&#8220;:<\/p>\n<blockquote><p><strong>T<\/strong>hree years ago the choices for entry-level buyers like Sarah Kiefer were so meager that with a budget of just $120,000 she all but gave up on buying a house.<\/p>\n<p>The down market revived that dream.<\/p>\n<p>This week, Kiefer will close on a Colonial-style fixer-upper in north Minneapolis with 1,800 square feet and a fireplace for $75,000.<\/p><\/blockquote>\n<p>Which, eventually and more or less inevitably, brings values (aka prices) back up again.<\/p>\n<p>Just keep that in mind when you read the big-money-backed gloom and doom industry&#8217;s broken record <a href=\"http:\/\/www.google.com\/reader\/view\/#stream\/feed%2Fhttp%3A%2F%2Fwww.minnesotamonitor.com%2Frss%2Frss2.xml\">proclamations of doom<\/a> (which will supposedly stop the moment Barack Obama hypothetically gets inaugurated&#8230;).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;rather than a &#8220;straight line&#8220;: Three years ago the choices for entry-level buyers like Sarah Kiefer were so meager that with a budget of just $120,000 she all but gave up on buying a house. The down market revived that dream. This week, Kiefer will close on a Colonial-style fixer-upper in north Minneapolis with 1,800 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-2584","post","type-post","status-publish","format-standard","hentry","category-money"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/2584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2584"}],"version-history":[{"count":0,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/2584\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2584"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}