Originally Posted by Dude
Originally Posted by JonLaw
So, cost *can* decline.

Well, naturally. You could have found prior evidence that housing costs can decline, too, you just wouldn't have heard that very often in 2005.

I meant that prices could decline even though there was still an infinite supply of credit.

There was not an infinite supply of credit in 2008 when the private credit origination bubble failed.

Health care also stopped growing more rapidly than the general economy recently.

http://content.healthaffairs.org/content/33/1/67.abstract

I would also note that all of these systems are guild-related.

Ph.D's (J.D.'s for law school) and M.D.'s (for health care).