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Real mortgage interest rates did not go negative at any point during the housing bubble. > For the most straightforward, plain English explanations, I'd recomm
by effn 16y ago
Real mortgage interest rates did not go negative at any point during the housing bubble.
> For the most straightforward, plain English explanations, I'd recommend Peter Schiff - he was correctly predicting the housing crash almost to the letter
Yes, but his predictions after that has been rubbish, anyone who would take his investment advice would have lost a ton of money. You say we should take what Krugman says with a grain of salt since he's been wrong before. Doesn't that also apply to Schiff?