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Sherry Cooper says:
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01-27-2013, 08:14 PM,
(This post was last modified: 01-27-2013, 08:16 PM by wreckonomics.)
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An oldie but a goody, this one dates back almost a year ago but is too good not to archive.
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: |
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