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2 thoughts on “A Very Even Conversation About America’s Housing Mess

  1. Great interview. Continues to amaze me how people still discuss “fixing” the problem with measures destined to keep housing prices sky high. Isn’t the main problem is that houses were completely detached from the reality of people’s incomes? Shouldn’t we be embracing another 50% fall? There’s no “fixing”, we either let it stuck here for the next 10 years while everything else rises to make the adjustment, or we let it crash right away.

  2. “Fix” + stimulus = addiction?
    Suppose, also, that only other prices rise to make that adjustment, except for real incomes (in buying power terms)?

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