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December 21, 2007 at 11:36 AM #122298December 21, 2007 at 12:51 PM #122095lonestar2000Participant
Interesting graphs esmith.
In the 1990 housing bust the high tier fell quite a bit faster and than the low tier, and eventually evened out.
In this bust they seem to be doing the opposite (so far).
If memory serves, the 90s bust was job related, whereas this one is speculation/investment/lax lending related. It is interesting to see how this affects the downturn differently than the previous one.
December 21, 2007 at 12:51 PM #122243lonestar2000ParticipantInteresting graphs esmith.
In the 1990 housing bust the high tier fell quite a bit faster and than the low tier, and eventually evened out.
In this bust they seem to be doing the opposite (so far).
If memory serves, the 90s bust was job related, whereas this one is speculation/investment/lax lending related. It is interesting to see how this affects the downturn differently than the previous one.
December 21, 2007 at 12:51 PM #122266lonestar2000ParticipantInteresting graphs esmith.
In the 1990 housing bust the high tier fell quite a bit faster and than the low tier, and eventually evened out.
In this bust they seem to be doing the opposite (so far).
If memory serves, the 90s bust was job related, whereas this one is speculation/investment/lax lending related. It is interesting to see how this affects the downturn differently than the previous one.
December 21, 2007 at 12:51 PM #122320lonestar2000ParticipantInteresting graphs esmith.
In the 1990 housing bust the high tier fell quite a bit faster and than the low tier, and eventually evened out.
In this bust they seem to be doing the opposite (so far).
If memory serves, the 90s bust was job related, whereas this one is speculation/investment/lax lending related. It is interesting to see how this affects the downturn differently than the previous one.
December 21, 2007 at 12:51 PM #122343lonestar2000ParticipantInteresting graphs esmith.
In the 1990 housing bust the high tier fell quite a bit faster and than the low tier, and eventually evened out.
In this bust they seem to be doing the opposite (so far).
If memory serves, the 90s bust was job related, whereas this one is speculation/investment/lax lending related. It is interesting to see how this affects the downturn differently than the previous one.
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