Re: Interest rates and housing

[AdmrlLocke]

In a message dated 8/18/05 11:28:53 AM, [EMAIL PROTECTED] writes:

--- Technotranscendence <[EMAIL PROTECTED]> wrote:

> there are political cycles too, such as the
Presidential cycle.  Yet this doesn't line up with
18-years.<

Yes, there several cycles going on at the same time.
There are also random shocks.  The 2001 downturn was
not caused by real estate, for example.

But some have more impact than others, and my analysis
of historic cycles indicates that the real estate
cycle is the most economically significant one.

Fred Foldvary

Fred,

If the real estate cycle is based on government expansion of money, why does it have an 18-year cycle, any why has it been the same under three or four different monetary systems?

David