In his July 1 letter, John Mauldin begins his "Thoughts on the housing bubble" with this bit:
Looking at a recent magazine covers one is left with the impression that the whole world is concerned about US real estate prices. This is borne out by the fact that if you go to Google and type in sex you get 78,000,000 hits. If you type in real estate you get 110,000,000 hits, which makes housing about 40% more interesting than sex. Is there a greater sign of a bubble?Posted by Tom Nugent at July 14, 2005 12:15 PM