Comment on You Can't Soak the RichparentComments−llimllib17yAgain, I tend to agree with you, although associating the illiquidity opinion with TF is just an unnecessary swipe. Much smarter people than he support the illiquidity theory, which was what I intended to point out.−mattobrien17yFair enough on TF. But plenty of smart people also thought housing prices would never go down...
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Again, I tend to agree with you, although associating the illiquidity opinion with TF is just an unnecessary swipe. Much smarter people than he support the illiquidity theory, which was what I intended to point out.
Fair enough on TF. But plenty of smart people also thought housing prices would never go down...