Quote:
Originally Posted by Shawnski
So interest rates uniquely impacted the West because their house values rose faster than the East over the prior 8 years.... and not other impacts like the NEP.
Larf. flamey_mcflame = Johnny 99 version 2.0. Any calpuckist will tell you that.
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I Don't know who that is. Nor do I care. But since all the economists are wrong as am I, please tell me why Houston also wnet bust at the same time. Did the U.S. Also have a NEP?? Forget about interest rates, gluts of oil and low oil prices. It was all the NEP's fault. Your argument has to resort to some kind of weird analogies between myself and some guy. A logical argument would suggest that high oil prices equal boom, low oil prices equal bust. Before you respond, remember, take other oil dominated cities into account. I just want to see what answer you';re gonna come up for Houston's bust. Maybe just compare me to another user on this forum I've never heard of.