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Don't forget the housing bubble. The first time it occurred to me that housing was a bubble was when I heard the economist for the National Association of Realt
by klenwell 9y ago
Don't forget the housing bubble. The first time it occurred to me that housing was a bubble was when I heard the economist for the National Association of Realtors say on the radio this time was different because of a paradigm shift. It reminded me of what I had heard during the dot-com bubble.
Then I saw this map and was convinced:
http://graphics8.nytimes.com/images/2005/06/15/business/arm3.gif http://graphics8.nytimes.com/images/2005/06/15/business/arm3...