Monday, December 03, 2007

More on real estate

I read an article last year saying that the UK was closer to a burst of the real estate bubble than the US. Just goes to show that predicting is a mug's game.
But at least they were acknowledging the existence of the bubble, which many have been in consistent denial about.

7 comments:

ttl said...

Here's what Paul Craig Roberts recently wrote on the matter.

Anon said...

Popping financial bubbles A.M.M.G.A.B.R.O., yatta-yatta, you know the drill.

Monsieur Beep said...

Here my new HP Ipaq comes quite handy: It's got a game on it where you've got to pop as many bubbles with the stylus as fast as you can.
Highly recommended for shareholders.
Pop pop pop.........................
(My comments aren't getting silly, no?)

Pascal [P-04referent] said...

Actually, it's not "Pop".
As I recall, the game's name is "Pang!".

And it was a huge arcade commercial success. Goes to show you there's money to be made popping bubbles...

But watch that you don't catch one of them bubbles on your head or it's Game Over!

Silly? Nooooooo. This is actually a deeply metaphysical symbolic discussion in bubbles. :-D

Anonymous said...

Real estate always makes me go a big rubbery one.

Pascal [P-04referent] said...

You already said it in this thread's second comment! Or don't you remember?

Joe Dick said...

Maybe he felt the message hadn't got through. :)