Wednesday, October 19, 2005
Utah not in a housing bubble, but energy prices aren't a big threat
The Salt Lake Tribune reports that housing prices remain stable and that the biggest threat to an increased cost of living is natural gas prices if we have a cold winter. Um. Wrong. Because Questar owns half of its own natural gas, they have only requested a 13.37% rate increase and that is considerably less than the 48% increase predicted by the feds and quoted in the "well-researched" article.
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