01-27-2013, 08:14 PM
An oldie but a goody, this one dates back almost a year ago but is too good not to archive.
- BMO Chief Economist Sherry Cooper Jan 30 2012
..and a visual to go along with it:
Quote:"In our view, the national housing market is more like a balloon than a bubble," the bank said. "While bubbles always burst, a balloon often deflates slowly in the absence of a pin."
- BMO Chief Economist Sherry Cooper Jan 30 2012
..and a visual to go along with it: