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  • Can Anything Be Done About Housing Price Cycles? [View article]
    "The interesting question is whether there's anything to be done about such housing prices cycles."


    Not so interesting, except to note that these same questions are asked every time a bubble bursts.

    80 years later when the next bubble bursts all the safeguards that were put in place will be ignored because, "This time things are different!"

    Until then we will have the fresh memory of experience to keeps things in check, and that is what really does the trick.
    Jul 15 13:18 pm |Rating: +1 -1
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