Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You get a gold star - the first one to notice, er, at least comment, on that.

I'm not sure if the decline in home sales beginning in 2005 reflects the fact that stagnating wages and earnings were showing up as a decline in home sales that early, or if some regulators were starting to tighten the screws that early. Also, there was Greenspan raising interest rates off the 1.0% floor he had brought them down to after the dot com bust.  I'm not sure of the dates of the interest rate increases, but I think they began in 2004.

by NBBooks on Wed Mar 5th, 2008 at 09:26:17 AM EST
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