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I find it interesting that a thread started "there" was derailed and closed very fast. Could it be a case of "The truth" "You Can't Handle the Truth"...

As do I usually, but aren't they now saying the same thing? Shortage of houses Immigration outstripping supply Houses becoming more affordable = a floor under housing? My point being if Roubini is the guy who the hpc crowd say should be listened to as he has had it more right than others...

Dr DOOM, Nouriel Roubini is a respected economist who has been calling this crisis fairly acurately since 2006 according to this article.... http://www.nytimes.com/2008/08/17/magazine/17pessimist-t.html ....and is even more of a poster boy for the doomsayers than steve keen. Today on his...