Samhain
DP Veteran
- Joined
- Sep 30, 2011
- Messages
- 4,939
- Reaction score
- 2,131
- Location
- Northern Ohio
- Gender
- Undisclosed
- Political Leaning
- Libertarian
Okay, I'll play. Your claim is that F&F's expansion since 1991 was 100% responsible for the housing bubble. But from 1991 to 1998, the price of homes was actually FALLING. That's seven years. Then, for the next nine years housing prices started to take off. How does your theory explain the fact that for 44% of the expansion period, home prices fell and did not rise? opcorn2: opcorn2:
Maybe I need to borrow a pair of wingnut goggles, because I've yet to see you post an explanation that goes beyond mere correlation ... and as noted above, even correlation doesn't line up.
Where do you see it falling? If anything, it was growth in line with inflation, as evidenced by the red line staying relatively flat, but in nominal dollars it was increasing.