Wednesday, October 19, 2005

Great BusinessWeek Article on Housing Bubble

Peter Coy has a wonderful news analysis piece in BusinessWeek. Solid read.


  1. The question that bubble defenders always have to answer is not is there demand (obviously, there is), but whether that demand is based on healthy fundamentals.

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  3. The opines expressed by Ian Sheperdson of high frequency economics made be stand up and take notice-from as far back as 2001 this guy has been a big bull on everything- now that he is calling for a recession, plus an ugly conclusion to the housing bubble is a stunning change- anyone who does not take heed is doomed.