{"id":491301,"date":"2010-03-30T13:08:33","date_gmt":"2010-03-30T17:08:33","guid":{"rendered":"http:\/\/www.businessinsider.com\/map-of-the-day-why-michigans-housing-market-is-the-saddest-housing-market-there-is-2010-3"},"modified":"2010-03-30T13:08:33","modified_gmt":"2010-03-30T17:08:33","slug":"map-of-the-day-why-michigans-housing-market-is-the-saddest-housing-market-there-is","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/491301","title":{"rendered":"Map Of The Day: Why Michigan&#8217;s Housing Market Is The Saddest Housing Market There Is"},"content":{"rendered":"<p><a href=\"http:\/\/www.newyorkfed.org\/research\/current_issues\/ci16-3.html\">A new report from the New York Fed<\/a> has a nifty housing market classification scheme that really emphasizes the fact that there is no such thing as a national housing market.<\/p>\n<p>Basically it breaks markets down into four quartiles:<\/p>\n<ul>\n<li>Boom followed by bust.<\/li>\n<li>Boom without a bust.<\/li>\n<li>No boom, no bust.<\/li>\n<li>No boom, bust.<\/li>\n<\/ul>\n<p>As you can see by the map, pretty much the only cities to fall into the last category (obviously the saddest, because they had a bust, but never even enjoyed a boom) are in Michigan, or directly near it.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bb22f7e7f8b9a7957220400-608-436\/map.png\" border=\"0\" alt=\"map\" width=\"608\" height=\"436\" \/><\/p>\n<p>Here&#8217;s another expression of the same data:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bb22fc77f8b9aaa5e300200\/map.png\" border=\"0\" alt=\"map\" width=\"620\" height=\"379\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/map-of-the-day-why-michigans-housing-market-is-the-saddest-housing-market-there-is-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/lHHrQt1e6_M\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report from the New York Fed has a nifty housing market classification scheme that really emphasizes the fact that there is no such thing as a national housing market. Basically it breaks markets down into four quartiles: Boom followed by bust. Boom without a bust. No boom, no bust. No boom, bust. As [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-491301","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/491301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=491301"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/491301\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=491301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=491301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=491301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}