[lbo-talk] Re: The Housing Bubble

Doug Henwood dhenwood at panix.com
Thu Jul 8 07:57:01 PDT 2004


jimi ayler wrote:


>i don't believe this particular bubble will ever pop,
>'round these here parts.

Or as our pal Tom Gogola put it at a reading at KGB last night, the Long Island housing market has a case of priapism - once it's up, it stays up. But as they say on Wall Street, trees don't grow to the sky.

Doug



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