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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
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The Bubble Meter Philosophy
The best way to get the housing market thriving again is to drop prices to the point where supply equals demand. Home sellers might not like it, but it's good for buyers and it's great for Realtors.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
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Housing Prices Since 1970
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When will inflation-adjusted DC-area housing prices return to pre-bubble levels?
Are housing prices about to experience a double-dip?
How should the U.S. government balance the budget? (Check all that apply.)
What is your political affiliation?
What sparked the housing bubble?
Is the recession over?
Who bears responsibility for the housing bubble? (Check all that apply.)
What is your living situation?
Was subprime lending a cause or an effect of the housing bubble?
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Bubble Meter Archive
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2009
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March
(60)
- Foreclosures rising again
- DC-area house price changes in 2008, by the numbers
- Robert Shiller on CNBC now!
- Housing cartoon
- Rahm Emanuel's oversight of Freddie Mac
- History suggests housing doesn't overshoot
- Is Greenspan to blame for the housing bubble?
- Lawrence Yun comments on the increase in home sales
- The economic crisis on South Park
- Roubini: Further 20% decline in home prices
- Republican housing plan: Renters should subsidize ...
- Feldstein: 2009 economic recovery "too optimistic"
- Home prices up in January?
- Tonight on PBS: The national debt
- BubbleSpehere Roundup
- NAR: Home prices fall 15.5%; sales down 4.6% YoY
- Where are we at?
- Vacant homes graph
- Karl Case on the housing market outlook
- Home price declines: Las Vegas and Phoenix close t...
- Alan Greenspan's conflicting arguments to avoid re...
- EstiMike Blog
- Housing starts down 47.3% YoY; Permits down 44.2%
- The Leprechaun Bailout
- Study: Real estate brokers are almost worthless
- Who is to blame?
- Bernanke's recovery prediction: Journalists report...
- Prince William County home prices, who to believe?
- Ben Bernanke on 60 Minutes
- Bumper sticker of the day
- Bank of America CEO on housing
- Photo of the day
- Senate Democrats seeking support for mortgage cram...
- Foreclosures up in February
- A parable about debt
- Greenspan says the housing bubble's not his fault
- More on the tent cities
- What caused the housing bubble?
- Hooverville in California
- WoW gold Chinese comment link spam
- Dean Baker's new book on the housing bubble
- Thought of the day
- Warren Buffett on CNBC this morning
- BubbleSphere Roundup
- Flashback 2005: Bernanke on housing and consumer debt
- Dow 36,000 is still coming
- Housing bailout bumper stickers
- Fed President Lockhart on the housing market
- Who caused the housing mess? It depends on how you...
- 20% of mortgages are underwater
- The glass half full
- William Poole says stop the bailouts
- Obama bails out the housing ATM
- 10 reasons to oppose the housing bailout
- Megan McArdle on the owner/renter divide
- Cramdown legislation faces opposition
- More REO auctions
- Where the dangerous home mortgages are
- A bubble warning from Warren Buffett
- The Maestro says...
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March
(60)
Big THANKS for posting.
ReplyDeleteThe overall theme seems to be less about the man and more about the Fed. Perhaps most agree he's just a scapegoat of a totally f'ed central bank system that micro-mismanages rates, and any Nobel laureate in that position would distort/muck it up good.
As expected, the token AEI (American Empire Institute) flunky deflects. No surprise since he was an economist for the FOMC during the period under review:
"Mr. Reinhart is a resident scholar at the American Enterprise Institute. From August 2001 to June 2007, he was the secretary and economist of the Federal Open Market Committee."