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Reasonable People Did Disagree: Optimism and Pessimism about the U.S. Housing Market before the...
August 16, 2010 - (RealEstateRama) -- Gerardi, Foote, and Willen look at economists' assessments of the housing market prior to its collapse to see whether they saw signs of a bubble. While some economists did warn of a bubble, this was a minority view. Other economists advanced well reasoned counterarguments.