Dr. James Hamilton has some very insightful analysis on what he called a few months ago the bottom and stabilization of housing. Though it has almost become nauseating attempting to debunk the housing bubble devils, it is such a big part of the American psyche and perceived mantra that I feel it is my duty to shed some light on their one sided ponent views.
Decide for yourself by reading the link below.
(The housing market and the Federal Reserve)
Tuesday, January 30, 2007
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