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Libercontrarian on the housing crisis

Posted by Richard on February 19, 2009

After about a ten-month hiatus, Libercontrarian started posting again last week, and I encourage you to drop by there from time to time. In particular, you may want to peruse his post about the housing crisis. Off the top of my head, I'd quibble with some of his numbers and recollections, but I think he's basically right.

Except for that "60% over-valued" thing. The real estate bubble got that bad only in a few places like California. Certainly not here in Denver. … I hope.

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