Different River

”You can never step in the same river twice.” –Heraclitus

February 13, 2008

Was there a housing bubble?

Filed under: — Different River @ 11:28 am

Alex Tabarrok argues that if you look at long-term data, there was not. As one who correctly predicted the timing of the current downturn (but made no prediction about the magnitude), I find this quite interesting, and quite likely correct.

Full story here.

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