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Kathleen Weber's avatar

Haters and losers who don't subscribe to this newsletter”

I'm sure that was simply a lame joke. But the unpleasant fact is that the vast majority of human beings will never know that you and I exist. And will never be able to benefit (or suffer) from our direct impact on their lives.

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Cranmer, Charles's avatar

Hello! I have been an avid reader of Economic Forces for the past several months. I agree with most of what you have written, but even when I disagree, I always find it insightful.

I would be interested in your thoughts concerning my January 2025 Substack Post "Housing: Goodbye Drought, Hello Glut." I think it is right in your wheelhouse.. In it, I argued that America's much ballyhooed housing shortage is an illusion. In fact, I was convinced we have a significant housing surplus (albeit not in every region) and future house prices are fated to drop, at least in real terms. The apparent shortage stems from a logjam between the Bid and the Ask that will continue to take time to resolve (absent some sort of crisis). I think this is already starting to sort out in markets like Florida, Austin, and Las Vegas where prices are falling..

https://charles72f.substack.com/p/housing-goodbye-drought-hello-glut

I think you will find many of my other posts interesting. Including "Basel: Faulty" which reveals the true cause of the 2008 Financial Crisis.

https://charles72f.substack.com/p/basel-faulty-the-financial-crisis

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Douglas Shetler's avatar

It was an incredible time at UCLA in the 70’s and 80’s. William Allen wrote a small piece. But someone should write a bigger story. I always appreciate your references to the people who made this an extraordinary environment.

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