Rich, I was so happy to find your articles since in late 2004 I was considered a “lunatic” when I was telling to some people that real estate cannot go up forever …
Good old days …[/quote]
Ha ha… gverdi, you’ve dug up some serious old stuff there. That second link was the original “bubble primer”. This was later expanded a bit into the two-part primer on the current site.
The first link was basically the same article, but with some bizarre rhetorical flourishes (notably the electrode motif) inserted by the Financial Sense editor.
