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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (69825)9/15/2006 3:30:02 PM
From: Wyätt Gwyön  Respond to of 110194
 
Well Adam Smith

instead of defending your own argument (developing it to the point of internal consistency would be good for starters) you bring up Adam Smith. this is poor debating technique. you should learn to defend your positions based on their own merits, instead of running away from arguments by quoting famous dead people.

financing was available to pretty much anyone who had fought in the War but the supply of houses was unconstrained by freeing up the huge War machine and new mass building techniques so the price of houses were stable.

this is incorrect. housing prices enjoyed their highest period of inflation in the past 80 years following WWII. national housing inflation topped 20% annually.