I'm not sure what 2001 prediction lzw could be referring to, but the Austrian school definitely sounded an early warning on the housing bubble. See this article

I'm not sure what 2001 prediction lzw could be referring to, but the Austrian school definitely sounded an early warning on the housing bubble. See this article from 2004 for instance: http://mises.org/daily/1533 http://mises.org/daily/1533 Or, Ron Paul addressing the House in July 2002: http://www.ronpaul.com/2008-09-26/ron-paul-on-the-housing-bubble-july-2002/ http://www.ronpaul.com/2008-09-26/ron-paul-on-the-housing-bu...