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April 6, 2004
Housing Bubble Redux
No, it did not go away; read these articles about why the housing bubble in the United States is unsustainable and will cause an economic "pop" even greater than the recent stock market crash;
Dean Baker:
http://www.cepr.net/columns/housing_bubble/yes_housing_bubble.htm
Some Other Fella:
http://weblog.siliconvalley.com/column/dangillmor/archives/010142.shtml
And for fun read this article with an opposing view (which incidentally I feel expresses its position weakly);
CNN.com:
http://money.cnn.com/2003/02/19/news/economy/housing/
I get a lot of Samology Google hits from "housing crash" and "housing bubble" from an entry last year, so I feel obligated to keep on top of this stuff...
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