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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (9126)	2/20/2003 1:55:11 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

somebody on the G&K thread said this period reminds him of stagflation in the 70s... what do you think? I only remember the inflation. People with my background generally believe that bad productivity in the US caused the economic woes of the period. Therefore, unless we get into a union-controlled, anti business, planned obsolescence type of business phase again, it can't happen. Thats fairly idealized thinking though, productivity is not the whole story, it was a lot of it though? If interest rates rise from these levels ala the 70s, housing prices will collapse out here.