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Home › Forums › Housing › After all the recent mud slinging this article is a much needed diversion…
Is Ben Stein going to be the modern day Irving Fisher? Sell your stock now! 😛
I also love the young wife story.
Check out his 1981 housing bust article.
“HOUSING BOOM GOES BUST IN LOS ANGELES”
wh, thanks. I love back to the future stories.
LOL, at least lawyers and marriage counselors will get to cash in on the real estate bust.
“I’m leaving him,” she said. “He’s grouchy all the time. I want a guy who’s rich and cheerful all day and all night. Why should I have to suffer because his business is bad?”
“He’s your husband,” I said. “You have to stick by him.”
“Why? I want to laugh and have fun, and he’s in a bad mood for months on end. I didn’t make this mortgage mess, and I don’t see why I should have to suffer for it.”
“It won’t last,” I said. “It never does.”
She suddenly looked much more upbeat. “How long until the market turns around?” she asked expectantly.
“Maybe six years,” I said.
She looked staggered. “That’s it,” she sighed. “I want you to start looking for a rich husband for me who’s going to stay rich no matter what. Tell him I’ll be a really great wife.” (She has a killer sense of humor so I am praying she’s kidding.)
How on Earth do you recall a story from 1981?
Anyhow, in his article he states…
“The bubble that everyone said could never burst has burst.”
Sounds like all you’d need to do is change the date of the article and it could be re-printed whole, and would be just relevent today!