Monday, August 22, 2005
Pop?
By statistical measures, the housing market is in a bubble.
I question whether or not a market characterized as a "bubble" could deflate in calmness.
If an event is a statistical outlier/anamoly, how does is get back to normal? Should there be an opposite reaction of equal magnitutde that would "average out" the bubble?
By statistical measures, the housing market is in a bubble.
I question whether or not a market characterized as a "bubble" could deflate in calmness.
If an event is a statistical outlier/anamoly, how does is get back to normal? Should there be an opposite reaction of equal magnitutde that would "average out" the bubble?
Comments:
Post a Comment
