Re: more on house prices

On Aug 23, 2007, at 11:39 AM, Jordan Hayes wrote:

I expect this is a game-changer, and once things die down and correct, we’ll be left
with a much more sophisticated home buyer.

Ha. Are you saying that people learn lessons from bubbles? Why do we
have one every 5 or 10 years - in something, it’s rarely the same
instrument, though the contour is the same - then?

Doug

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