“In 1996, unemployment was low, the economy was booming, stocks were rising, and the future looked bright. Email and the internet were just starting to make their ways into homes around the country. Optimism was high as an economic revolution was brewing. Is there any reason why homes today should be worth twice as much as in 1996?Graphically, prices were heading right back to 1996 until the government decided to spend trillions of dollars to prop them up.”
Should Homes Be Worth Twice What They Were in 1996?
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