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green: Housing Lessons-Have We Learned? - 06/15/10 07:14 AM
The Housing Bubble began in the Bay Area around 1996. That’s when home prices starting growing faster than inflation and faster than rents. By the late 90’s, people really took notice. By 2002, the movement took hold. By 2004, housing mania had become a full-blown religion.   Many things that were accepted as true in the bubble-times are no longer so. But for a generation that came of age during the bubble, these bubble-truths are the only real estate truths we know. Tearing them down is to tear at the core of our economic value system, directly challenging the reasons we’ve chosen to live the lives that … (1 comments)

 

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