Comments on: Harvard University Economics Professor: House Prices to Fall Further http://www.bostonreb.com/2009/12/harvard-university-economics-professor-house-prices-to-fall-further/ Boston real estate, Boston condos, Boston luxury condos, Boston luxury real estate, Back Bay condos, Back Bay real estate, Back Bay luxury condos, Boston Back Bay condos Mon, 06 Feb 2012 05:38:19 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Reality Check http://www.bostonreb.com/2009/12/harvard-university-economics-professor-house-prices-to-fall-further/comment-page-1/#comment-12911 Reality Check Fri, 18 Dec 2009 16:07:26 +0000 http://www.bostonreb.com/?p=25876#comment-12911 “It was just not well enough designed,” Feldstein said. “They ended up failing.” Yeah, of course they failed. They failed because housing was absurdly inflated due to defunct and irresponsible monetary policy. The market is simply returning to something remotely reasonable. We have not had a real crash. at least not yet. “It was just not well enough designed,” Feldstein said. “They ended up failing.”

Yeah, of course they failed. They failed because housing was absurdly inflated due to defunct and irresponsible monetary policy. The market is simply returning to something remotely reasonable. We have not had a real crash. at least not yet.

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