Replies to post #391765 on Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Dan, Those figures are amazing. And some think that we are not in a real estate bubble. Thanks for posting.

[gtober]

Do you have a source for this? The link did not have a source. It sounds incredible to me.

[PENNYPRINCE 1]

Dan Wow that is way beyond what I would have expected.Not healthy if prices start falling.

[skono4]

2.) In 2004 proceeds from Cash-out refinancing, and Home-equity line-of-credit, accounted for 77% of total U.S. consumption.
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I'll bet they meant to say GROWTH in consumption