[quote=markmax33]SK in CV,
Did you predict the housing bubble as a professional economist? I predicted it in 2003 for my thesis for my MBA class before I ever found this blog. Ron Paul predicted it and there are several videos to prove it. I think all economists should be immediately fired if they can’t predict a bubble forming in the economy because they are really easy to pick out. Look and see where the FED and the GOV are intervening in ANY market and there will be your next bubble. Again did you predict the housing bubble? Did you write any papers on it? Please share.[/quote]
Yes, i did predict it. I sold my house in 2006, which I’d owned since 1993. It was a little early, it went up in value by another 10% before it fell by about 40%. My buyers got foreclosed on. I sold for $850K, it recently sold for $525K. I’ve rented since then.
