[quote=CA renter][quote=sdrealtor]The trend line pretty clearly looks to be pre-1999 but why stop there. That has a major downcycle leading up to it. Perhaps they should start at 1990? No that has a major upcycle leading up to it. Perhaps they should start at 1985? No that has a major downcycle leading up to it. Oh shit…f*ck it…how do we do it? Oh yeah, that’s right….it’s just someone’s arbitrary graph with arbitrary starting and ending points created to confirm one’s biases. It is what it is…..[/quote]
Big, big difference between “regular” housing and credit cycles vs. the largest credit bubble in history.[/quote]
Exactly which is why I said start before the largest credit bubble in history was in full swing and which has been largely unwound. The point is you can pick to start and stop wherever you want but it is largely arbitrary and people will pick the points which naturaly make sense to them but which can end up being wholly inappropriate.
