Re: Interest rates and housing

2005-08-18 Thread AdmrlLocke
In a message dated 8/16/05 10:24:56 AM, [EMAIL PROTECTED] writes: The last real estate bottom was in 1990, so if this is another 18-year cycle, the next depression would be around 2008.  So far, the economy is tracking the cycle right on schedule.  In my judgment, the economy is entering the

Re: Interest rates and housing

2005-08-18 Thread Richard L. White
Hopefully others on Armchair are on vacation and not permanently gone. I find these exchanges fascinating and often helpful. From: ArmChair List [mailto:[EMAIL PROTECTED] On Behalf Of [EMAIL PROTECTED] Sent: Thursday, August 18, 2005 3:57 AM To: ARMCHAIR-L@mail04.GMU.EDU

Re: Interest rates and housing

2005-08-18 Thread Fred Foldvary
If government has caused a real estate price bubble by artificially lowering interest rates, how can it have an 18-year cycle, David Because real estate construction takes years, and recovery from a downturn takes years. An exception is an inflationary boom that is not a real economic

Re: Interest rates and housing

2005-08-18 Thread 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

Re: Interest rates and housing

2005-08-18 Thread AdmrlLocke
In a message dated 8/18/05 11:40:59 AM, [EMAIL PROTECTED] writes: If government has caused a real estate price bubble by artificially lowering interest rates, how can it have an 18-year cycle, David Because real estate construction takes years, and recovery from a downturn takes years. An