SocraticGadfly: Housing becomes another mini-bubble in midst of recession

August 21, 2009

Housing becomes another mini-bubble in midst of recession

If we weren’t, as a nation, so enamored of homeownership in the first place, causing the big bubble of earlier this decade, we wouldn’t need the government deliberately causing this new mini-bubble, which, like the misnamed cash for clunkers, won’t last too long.

No comments: