This is a great lead-in to what the credit bubble is and how it happened. Delves deep and stays on target.
About The Author
Housing Blogger Feed
- Bits Bucket for February 7, 2012
- Traffic Report – 56/15
- NWMLS: Redefining “Astounding� as Prices Keep Falling
- CR Calls Bottom
- Eschew
- Bubble Bloggers Buying Houses: Officially a Trend
- Burst of Euphoria
- Irvine Council Members Differ on Inclusion of Set-Aside in Housing Element
- Bits Bucket for February 6, 2012
- Crack of Doom: Reinventing Scarcity?
- Loserville
- Robo-Selling
- A Lost Decade-Plus for San Diego Home Prices
- You Gotta Be Kidding
- Shamus
- Poll: What year will we first see 5% or more year-over-year home price gains?
- Bits Bucket for February 5, 2012
- Homebuyer Stress Relief
- January Sales
- Weekly Twitter Digest (Link Roundup) for 2012-02-04
Economics Blogger Feed
- New Merkozy Proposal "I will Give You Money If You Give It Right Back"; Mathematical Scam to Prevent CDS Triggers
- Mortgage Settlement: More than 40 states have agreed
- My Newfound Respect for Hank Paulson
- Existing Home Inventory declines 21% year-over-year in early February
- Fewer Nonfarm Employees Now Than December 2000; Unemployment Rate: Some Things Still Don't Add Up; Obamanomics?
- My Surprise Favorite Superbowl Commercial
- What’s Another Day in the Greek Debt Saga?
- 10 Monday PM Reads
- Housing: The Two Bottoms
- Amazon May Experiment with Physical Bookstores
- Is Romney to Blame for Paying Low Taxes or is 72,536 Pages of Tax Code to Blame? What's the Real Solution? Thanks to AMT, Man Pays 102% Tax Rate
- Tinkerbell Economics – The Confidence Fairy, Pixie Dust and a Sleeping Dragon
- Investing in Foreclosures: How One Company Does It
- Employment Chart Palooza
- The Housing Bottom is Here
- Magazine Cover Indicator: New York “End of Wall Street�
- Who Is President Matters Much Less Than We Think
- Which Way Next for Precious Metals?
- An Adult Approach – I (Investing in a Vulgar Age)
- The Mess has Moved!
Real-Time Real Estate News
- The government bubble - Asia Times Online
- New index shows housing market heating up again - Montreal Gazette
- Rogersville Board of Aldermen Approves Plan to Boost Housing Market - OzarksFirst.com
- Metro Detroit's housing market makes improvement list - Detroit Free Press
- Canada's Housing Bubble Is Stretched to the Limit - theTrumpet.com
- Home sales surge; prices keep diving in Rock River Valley - Rockford Register Star
- Foreclosure deal has 40 states, but others balk
- Osborne to allow curbs on size of mortgages to prevent another housing bubble - Daily Mail
- UK house prices rise in January, Halifax says - Telegraph.co.uk
- NAHB: List of Improving Housing Markets Expands to 98 - HNN Huntingtonnews.net
- Crabtree report: Housing market weakens slightly - Bakersfield Californian
- Is the Housing Market Finally Ready to Rebound? - Mother Jones
- Hawaii island and Kauai housing markets mostly flat - Honolulu Star-Advertiser
- January Housing Scorecard Released by HUD, Treasury
- Metro Detroit housing market improving, says national home builder group - Detroit Free Press
- Industrial and Multi-family Loans Drive Annual CRE Increase
- MBS RECAP: 2/6/2012
- European Headlines Help Mortgage Rates Bounce Back
- Metro Detroit makes improving housing markets index for first time - The Detroit News
- Explaining the Housing Bubble to Robert Samuelson - Business Insider