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We got the blue zone in the aftermath of the dotcom bubble.
One wonders what the red zone will look like in the aftermath of the housing bubble.
Source Data:
St. Louis Fed: Real Quarterly GDP Growth per Capita
The Housing Bubble and Mortgage Debt as a Percent of GDP
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Today, in the Calculated Risk Real Estate Newsletter: Update: The Housing
Bubble and Mortgage Debt as a Percent of GDP
A brief excerpt:
Two years ago, I ...
1 hour ago
1 comment:
For the record, I will boldly predict that the first red data point (2010:Q2) was the peak of this cycle.
I could be wrong of course. It is just a prediction.
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