Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (132671)	8/15/2005 2:04:45 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 793916

It kills me, absolutely kills me, to say this but............Krugman correctly sees a lot of economic issues related to the real estate bubble fine...but he seems a bit slow on the uptake.... the scenario he describes has been documented over and over for several years now.... perhaps krugman's epiphany is indeed a market top <vbg>

To: carranza2 who wrote (132671)	8/15/2005 2:06:29 PM
From: Constant Reader	Read Replies (1) \| Respond to of 793916

There is an interesting criticsm of that Krugman piece here: timworstall.typepad.com

To: carranza2 who wrote (132671)	8/16/2005 2:25:26 AM
From: greenspirit	Respond to of 793916

Those who see a housing bubble in the states have not looked around the rest of the world where per-capita wages are much lower, yet housing prices much higher. The dramatic appreciation of homes still has legs. There will be hiccups in certain areas of the country, but where people want to live the prices will continue their northward climb. Most of Florida will outstrip inflation for a couple more decades. Krugman has taken housing and spun his latest gloom and doom scenario. His predictions of gloom have been uniformly wrong for years, why does anyone take him seriously?