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homestead - Re: [Homestead] The Sound of One Bubble Bursting

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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] The Sound of One Bubble Bursting
  • Date: Wed, 16 Aug 2006 07:04:02 -0500


But the raw data on the housing, IMO, precludes it being just 'froth'.

The word froth as applied to the housing market is simply another offering of inscrutable Greenspanspeak. To those of us who have been following housing for decades what is happening now is predictable and rather boring. Like the climate, cycles repeat. The ranting and railing of the last four years has been most amusing.

The Internet is fun. All of us can now be experts on everything. Instant evolution. A big rush, eh? A fun time to be here.









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