Bubble-Resistant, Not Bubble-Proof: Why the Housing Market is More Stable Than the Stock Market

Stock “Comp’s” vs. Housing “Comp’s” If you want to buy 100 shares of Google or Amazon, what are the comp’s? How much the last Buyer paid a fraction of a second ago. After all, stock is fungible:  every share (at least common) is the same as every other. Nanoseconds vs. Weeks (Months?) Now, assume you...
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