The Anderson Forecast
May 30th, 2006 by 
reality
David Thornburgh of the UCLA Anderson Forecast talks about the housing bubble. An excellent and entertaining summation of the facts, although the politically correct conclusion is inconsistent with the details of his presentation. Clearly a well-trained Keynesian (the business cycle is the result of “shocks”), he rebuts many of the myths about housing, although he fails to talk about some of the key issues - exotic financing, speculation, etc. Definitely worth the hour, though. David Thornburgh on Google video.
Note that this dates from February 2006.
Posted in Manias, Real Estate | 