Bubble Bobble we all fall down

very interesting read for those not as well versed as fdjake. After reading this I’m fully on board with what he is saying now.

http://patrick.net/housing/contrib/JSurridge.pdf

Puts it all into perspective…

The only way you “fall down” is if you get too wreckless with lending and borrowing. In additon, if you don’t have enough savings in reserves to get you through tough times if needed, you end up trying to sell an overpriced that won’t sell before foreclosure.

A novel presentation with useful insight into some markets. However, I found some of the author’s graphical data and interpretation a bit suspect. Just my 2 cents.

I like the charts and graphs but the presentation is very poorly written.

Scostell,

I really enjoyed the breezy, easy, amusing charts. Thanks for sharing that. Absolutely worth reading. A picture says a thousand words.

Furnishedowner