Comments on: Housing Cycles – This Time with Pictures http://www.thinkingaboutmoney.com/?p=49 God doesn't play dice with the financial universe either Wed, 09 Jul 2008 20:06:32 -0400 http://wordpress.org/?v=2.8.1 hourly 1 By: Kibitzer http://www.thinkingaboutmoney.com/?p=49&cpage=1#comment-97 Kibitzer Wed, 05 Jul 2006 08:10:33 +0000 http://www.thinkingaboutmoney.com/?p=49#comment-97 Also allow me to note my comment in a previous post: <a rel="nofollow" href="http://www.thinkingaboutmoney.com/?p=44">http://www.thinkingaboutmoney.com/?p=44</a>: <em>I also wish to emphasize my original point that historical trends are not a guarantee of future performance (gosh, I’m beginning to sound like a mutual fund salesman!). Seriously, a fundemental change such as a population drop (bird flu, change in immigration policy), or structural change to the economy (depression, collapse in the dollar, elimination of the mortgage deduction, etc.) could change things significantly in either direction.</em> Also allow me to note my comment in a previous post:
http://www.thinkingaboutmoney.com/?p=44:

I also wish to emphasize my original point that historical trends are not a guarantee of future performance (gosh, I’m beginning to sound like a mutual fund salesman!). Seriously, a fundemental change such as a population drop (bird flu, change in immigration policy), or structural change to the economy (depression, collapse in the dollar, elimination of the mortgage deduction, etc.) could change things significantly in either direction.

]]> By: Christian Gross http://www.thinkingaboutmoney.com/?p=49&cpage=1#comment-96 Christian Gross Wed, 05 Jul 2006 07:27:52 +0000 http://www.thinkingaboutmoney.com/?p=49#comment-96 Mark: I would beg to differ with your comment. Look at graph and notice the years. It includes the early 70's, which was extremely sudden and unprecedented. Yet notice in the graph everything fitted into the overall long term picture. Mark: I would beg to differ with your comment. Look at graph and notice the years. It includes the early 70’s, which was extremely sudden and unprecedented. Yet notice in the graph everything fitted into the overall long term picture.

]]> By: Mark http://www.thinkingaboutmoney.com/?p=49&cpage=1#comment-93 Mark Tue, 04 Jul 2006 14:59:42 +0000 http://www.thinkingaboutmoney.com/?p=49#comment-93 Your extrapolations are only valid of all other considerations remain constant. A sudden, unprecedented change in any one of the peripheral factors, for example energy prices, could radically alter the outlook and take us into uncharted territory. Your extrapolations are only valid of all other considerations remain constant. A sudden, unprecedented change in any one of the peripheral factors, for example energy prices, could radically alter the outlook and take us into uncharted territory.

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