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February 3, 2010 at 9:19 AM in reply to: Mortgage broker predicts further collapse in housing #508539February 3, 2010 at 9:19 AM in reply to: Mortgage broker predicts further collapse in housing #508951
sdduuuude
ParticipantI can’t say I’m a fan of using the fact that “bubbles revert to pre-bubble levels” as a justification for any predictions.
That is because “pre-bubble levels” is not really known until the bubble has stopped deflating.
Of course bubbles revert to pre-bubble levels becase those levels are defined by the end of the bubble. They are not, however, known in mid-bubble.
Yes, we revert to the mean, but the mean also reverts to the current trend, by definition, although slowly.
The question still remains – to what level are we reverting and none of these charts really shed any light on that.
I’m with davelj re: being sure about anything.
I think housing is stable this year, with minor pain at the high end, then bad next year.
February 3, 2010 at 9:19 AM in reply to: Mortgage broker predicts further collapse in housing #509045ParticipantI can’t say I’m a fan of using the fact that “bubbles revert to pre-bubble levels” as a justification for any predictions.
That is because “pre-bubble levels” is not really known until the bubble has stopped deflating.
Of course bubbles revert to pre-bubble levels becase those levels are defined by the end of the bubble. They are not, however, known in mid-bubble.
Yes, we revert to the mean, but the mean also reverts to the current trend, by definition, although slowly.
The question still remains – to what level are we reverting and none of these charts really shed any light on that.
I’m with davelj re: being sure about anything.
I think housing is stable this year, with minor pain at the high end, then bad next year.
February 3, 2010 at 9:19 AM in reply to: Mortgage broker predicts further collapse in housing #509298ParticipantI can’t say I’m a fan of using the fact that “bubbles revert to pre-bubble levels” as a justification for any predictions.
That is because “pre-bubble levels” is not really known until the bubble has stopped deflating.
Of course bubbles revert to pre-bubble levels becase those levels are defined by the end of the bubble. They are not, however, known in mid-bubble.
Yes, we revert to the mean, but the mean also reverts to the current trend, by definition, although slowly.
The question still remains – to what level are we reverting and none of these charts really shed any light on that.
I’m with davelj re: being sure about anything.
I think housing is stable this year, with minor pain at the high end, then bad next year.
ParticipantToo bad. I was hoping they were ethernet devices.
Would be cool to tap into them from home and monitor in real time, keep stats, etc.ParticipantToo bad. I was hoping they were ethernet devices.
Would be cool to tap into them from home and monitor in real time, keep stats, etc.ParticipantToo bad. I was hoping they were ethernet devices.
Would be cool to tap into them from home and monitor in real time, keep stats, etc.ParticipantToo bad. I was hoping they were ethernet devices.
Would be cool to tap into them from home and monitor in real time, keep stats, etc.ParticipantToo bad. I was hoping they were ethernet devices.
Would be cool to tap into them from home and monitor in real time, keep stats, etc.ParticipantThe dogs probably get a pension.
ParticipantThe dogs probably get a pension.
ParticipantThe dogs probably get a pension.
ParticipantThe dogs probably get a pension.
ParticipantThe dogs probably get a pension.
January 28, 2010 at 1:23 PM in reply to: Do I need a permit to put up a yurt in my backyard? #506548ParticipantFor privacy, wouldn’t you want to build a separate outyurt ?
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