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Tag: Igor
ABBIE NORMAL HOUSING MARKET
We have new home sales at 25 year lows. We have new home sales 65% below levels of 2006, but we have prices 12% above 2006 and up 30% since 2011. Is this the new normal? Or is this the new abbie normal? I’d love to hear a rational market based explanation for how this could happen in a non-rigged, non-manipulated free market? Igor is describing Ben Bernanke’s and Janet Yellen’s brains.
Everybody knows that the dice are loaded
Everybody rolls with their fingers crossed
Everybody knows that the war is over
Everybody knows the good guys lost
Everybody knows the fight was fixed
The poor stay poor, the rich get rich
I leave it to the Dude to have the final word.
