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.

No comments: