No housing calamity yet

Tags: Booms and Busts

06/25/2007 Mises Wire Jeffrey A. Tucker

A new report says that housing prices having fallen nationally by 2.1% since last year. That’s not a crash or even much of a correction, and hardly seems to verify predictions of an exploding bubble. Or am I missing something?

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Jeffrey A. Tucker

Jeffrey A. Tucker is the founder of the Brownstone Institute and an independent editorial consultant.

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