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To: MythMan who wrote (289382)	6/22/2004 6:43:10 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<There is no bubble in U.S. home prices despite the price surge in recent years, the New York Federal Reserve Bank said on Tuesday>> Whew! Glad that's settled. OTOH, these were the same morons who said "bubbles can only be detected after they burst" prior to the Naz-Dung implosion, so who knows?<G>

To: MythMan who wrote (289382)	6/22/2004 7:02:12 PM
From: redfish	Read Replies (1) \| Respond to of 436258

"The recent increase in house prices has been in line with declining mortgage rates, a factor that many arguments about a housing bubble ignore, the New York Fed said in a study." Excellent, as rates continue to decline I will leverage myself to the hilt and laugh all the way to the bank. It's fast and easy money ...