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> economics isn't instant We'd like to think so, but the housing downturn happened pretty quickly. In fact, governments around the world went through a lot of
by humanrebar 9y ago
> economics isn't instant
We'd like to think so, but the housing downturn happened pretty quickly. In fact, governments around the world went through a lot of effort to slow "economics" down.
- EliRivers 9y agoDid it? I thought the housing downturn was years in the making. Sure, the moment at which house prices went from increasing to decreasing was a single instant, but that's true of everything that changes from increasing to decreasing.