Word: indianapolises
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The best thing and the worst thing about Springfield is the same: the location. Middle of Illinois, which is not far from the middle of nowhere. The Illinois capital is about 100 miles from St. Louis, 200 miles from Chicago or Indianapolis. You can fly there, but probably not on...
Not all economists agree that housing is so overvalued, and some markets in the Zelman analysis come up as underpriced (Indianapolis and Dallas, among them). But in a way, that doesn't matter. "In a lot of places, I think, housing is fairly valued, but we overshot on the way...
Granted, price-rent ratio is hardly the last word in predicting home prices. Economists who use these numbers (including those at Economy.com) take into account a lot of other factors when forecasting, like housing affordability, population trends and how incomes in an area are changing. Price-rent ratio is the...
To understand how the angst is playing out, consider Tipton, Ind., population barely 5,000. In April 2007, the German manufacturer Getrag LLC announced it would build a $455 million plant about an hour's drive north of Indianapolis. The plant's sole purpose was to build energy-efficient transmissions...
High-Tech Body Scans. The Transportation Security Administration is expanding its millimeter-wave technology to the Atlanta and Indianapolis airports, making a total of 17 airports that now use the screening process. Passengers are randomly selected for the full body scan, which is used to detect weapons and other threats...