Housing on the Brink
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Patrick of Patrick.net stops by to discuss the housing market. Much of what we discuss has been talked about before concerning housing but in this discussion we have the benefit of a long period of hindsight. We trace the housing crash from its origins through today and then Patrick offers his version of what the future holds for us. Patricks forecasting of the future is insightful because he incorporates the failures of other nations that have faced the same dilemma as the US (mainly Japan) and we are just re-tracing their steps.
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