« NY Road Test - Phase 1 | Home | Back on the Treadmill Again »

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...