When asked how he examines for a
housing bubble, Myers states: «I have found the best way to understand the
market is to examine the long - term trends and relationships that govern that
market, and when those trends veer off course or relationships change drastically, look for all
possible explanations for the deviation from the norm before drawing premature or impetuous conclusions.»
The author then applies that framework to the
housing bubble, the
possible higher education
bubble, changes to accounting frameworks as rising preferences change, and where we are today in the
markets.