Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Toddsterpatriot

""I think it's more likely that an economic slowdown will pop housing prices than the other way around.

But I could be wrong. :^)""


youre actually 100% correct....there has never been a housing price decrease in the USA without a recession preceeding it.

In So Cal in the early 1990s, prices peaked in 1990-91, but the recession began in 1990.

A recession will pop the bubble, the popping bubble will reinforce the recession.


Bubbles dont pop on their own, they need some outside variable to do it


129 posted on 06/21/2005 4:21:07 PM PDT by atlanta67
[ Post Reply | Private Reply | To 88 | View Replies ]


To: atlanta67
Bubbles dont pop on their own, they need some outside variable to do it

Sounds right to me!

131 posted on 06/21/2005 4:24:00 PM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
[ Post Reply | Private Reply | To 129 | View Replies ]

To: atlanta67
Bubbles dont pop on their own, they need some outside variable to do it

If I recall correctly, the stock market sold off heavily the day the feds sued microsoft and it was all downhill from there.

139 posted on 06/22/2005 5:33:16 AM PDT by bankwalker (You get what you believe.)
[ Post Reply | Private Reply | To 129 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson