Minutiae
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The more corrupt the state, the more numerous the laws.
--Cornelius Tacitus (c. 116 A.D.)

Thursday, July 25, 2002
Before Buffy, before the X Files, there was a dinky little show called Forever Knight and it ruled. It got kicked around between networks and it only lived for three seasons, not helped by the fact that it aired at like 11 pm (probably because a pre-Buffy pre-Xfiles show featuring vampires and sexual tension was verboten.) It was super low budget but it was just classic. Well it's finally circulated around to the front of the Sci-fi stable and it's on the air again.
posted by Rachel 7/25/2002
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Since I started looking for a house in the spring of 99 I've been aware of how insanely overvalued the twin cities housing market is. I had a dim impression that this was true of the rest of the country too, but I was really only concerned with finding an affordable house in St Paul. This past year the twin cities housing prices rose a whole lot. In the three years I've owned my home it's tax valuation has jumped over $30,000. Now tax valuation isn't the most accurate reflection of a house's value but... The market was inflated when I bought the house and it hasn't calmed down. The chief economist for Morgan Stanley (Link pilfered from Jane Galt) has now said what I'd suspected: it's a bubble and it's very likely going to burst. It may pop suddenly or it may deflate slowly. Then things are going to get really brutal. Now that bankruptcy is really difficult and millions of people are way overextended on debt... Eeesh. I'm glad I got my house when I did and I'm glad I plan to stay here for several years. Now is not the time to buy a house as an investment.
posted by Rachel 7/25/2002
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