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John Maynard Keynes

Waiting for Cheap Housing . . . Since 1997

Timing the Housing Market As John Maynard Keynes famously observed, “the market can stay irrational longer than you can stay solvent.” Or, in the case of housing the last decade-plus: ‘stay above trend line longer than you can stay in a rental.’ Citing the charts reproduced at right, commentators like Barron’s Alan Abelson make the...
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