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the industry’s pre-bust condition was the artificial result of misguided interventions
:The Fed's sharp, prolonged reduction in interest rates stimulated a housing market that was already booming -- triggering six years of double-digit increases in housing prices during a period when the general inflation rate was low.
:The Fed's sharp, prolonged reduction in interest rates stimulated a housing market that was already booming -- triggering six years of double-digit increases in housing prices during a period when the general inflation rate was low.
:the industry’s pre-bust condition was the artificial result of misguided interventions [http://www.thefreemanonline.org/columns/tgif/progressive-intolerance/]
*What does it mean?
*What does it mean?