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The Third Economic Wave

In the U.S. there have been three major waves that have more maple in our society over the past 30 years. The incredible run in residential real estate values since the late 1970s was the first arc. Except for a brief period of the early 1980s and then again in the 1990s, the value of residential real estate always seemed to go upward. This, of course, creates a great sense of wealth for those who... read more
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