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In going back through old business and economics posts I’ve written elsewhere, I noticed regular assertions i made that we were in a housing bubble, and links to other people on the topic. It might be interesting to compile them, in retrospect, especially given the latest assertions by some that there is or was no bubble, or certainly not one of significance.
We had to fend off people trying to drumbeat us into buying a house we couldn’t possibly have afforded, at or near the obvious top of the market, which would have been done through dubious financing for which we should have qualified if we’d applied, even without most of the debt we carry. That fact alone screamed bubble and overextension.
Retrospectives to come, as I get to it.