[lbo-talk] more on house prices

Doug Henwood dhenwood at panix.com
Thu Aug 23 09:48:36 PDT 2007


On Aug 23, 2007, at 11:39 AM, Jordan Hayes wrote:


> I expect this is a
> game-changer, and once things die down and correct, we'll be left
> with a
> much more sophisticated home buyer.

Ha. Are you saying that people learn lessons from bubbles? Why do we have one every 5 or 10 years - in something, it's rarely the same instrument, though the contour is the same - then?

Doug



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