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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (44654)1/17/2006 6:04:59 PM
From: TimbaBear  Read Replies (1) | Respond to of 116555
 
Mishedlo

Timba house price can not rise over the long haul if wages for the masses do not go up.

Same argument could have been made 4 years ago. Compare wage increases to housing price increases. Using your logic it couldn't have happened like it did.

Timba