[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.
