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Shrink Rap: Shrinking the Housing Bubble
"Life itself is a bubble and a skepticism, and a sleep within sleep."
-- Ralph Waldo Emerson
Dear Shrink Rap: There's been a lot of talk lately on this site and elsewhere about a housing bubble. Everyone has an opinion but no one looks at the psychological meaning of bubbles. What do you think is going on here?
-- B.R.
Shrink Rap: I'm curious about how we came to discuss the fear of collapsing value in the housing market using the same imagery we used for the stock market's collapse. ...
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