0
0

What caused the past, and current housing bubbles


 invite response                
2014 Jan 6, 10:18am   31,387 views  93 comments

by tovarichpeter   ➕follow (7)   💰tip   ignore  

http://www.cepr.net/index.php/blogs/beat-the-press/peter-wallisons-housing-bubble

Wallison wants to blame the bubble on government policy of promoting homeownership. There certainly has been a problem of a housing policy that is far too tilted toward homeownership, but this does not explain the bubble.

#housing

« First        Comments 88 - 93 of 93        Search these comments

88   indigenous   2014 Jan 12, 5:30am  

tatupu70 says

It's unbelievable how you guys can rationalize being 100% completely wrong. And pretend like you are right.

I picked the Panthers today. I was 100% correct but it was camouflaged by the 2 TDs from Capernick.

One of your problems is that you conflate things. Football does not have any thing to do with economic depression.

Malinvestment absolutely gives the appearance that things are better. This is the same thing that Japan is doing and destroying the Japanese people's savings in the process.

89   tatupu70   2014 Jan 12, 5:35am  

indigenous says

One of your problems is that you conflate things. Football does not have any thing to do with economic depression.

And you have a very difficult time with analogies. Obviously football has little to do with the economy. Wrong is wrong, however. Which is the point.

indigenous says

Malinvestment absolutely gives the appearance that things are better. This is the same thing that Japan is doing and destroying the Japanese people's savings in the process.

OK--give me a few examples of current "malinvestment". And how it's making the economy look better.

What specifically is Japan doing that is destroying people's savings?

90   tatupu70   2014 Jan 12, 8:02am  

Call it Crazy says

Hmmm... I wonder why that is???

Yep--labor force participation rate is part of it. As is job creation.

91   indigenous   2014 Jan 12, 8:05am  

tatupu70 says

OK--give me a few examples of current "malinvestment". And how it's making the economy look better.

Overpriced houses, GM, Solyndra, TBTF banks and AIG

tatupu70 says

And how it's making the economy look better.

The price of housing, stocks, and treasuries are overvalued

tatupu70 says

What specifically is Japan doing that is destroying people's savings

Printing money out of thin air.

Call it Crazy says

tatupu70 says

Unemployment has been falling for at least 2-3 years.

Hmmm... I wonder why that is???

Oh come on CIC haven't you been listening it is caused by inequality...

92   thomaswong.1986   2014 Jan 12, 2:14pm  

tatupu70 says

OK--I'll actually agree that GM, AIG and the TBTF banks could be considered malinvestment. Houses and Solyndra are not. Bailouts are often poor investments.

Stupid Liberal to the core... to say "Housing and Solyndra are not malinvestments"..

LOL! how stupid...

93   tatupu70   2014 Jan 12, 8:08pm  

thomaswong.1986 says

Stupid Liberal to the core... to say "Housing and Solyndra are not
malinvestments"..


LOL! how stupid...

They are not. Look up the definition of malinvestment and get back with me.

« First        Comments 88 - 93 of 93        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions