[lbo-talk] housing bubble?

Doug Henwood dhenwood at panix.com
Sun Jan 30 11:52:39 PST 2005


joanna bujes wrote:


>If it's just about inflation, then the ratio between house/salary
>would not have grown so much.

Ooops, that last one got away empty.

As the late FNN credit analyst Ed Hart used to say, housing inflation is the American national religion.

DOUG



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