Bloomie article proof of daisy chain of RE scum

Discussion in 'Economics' started by stock777, Jan 17, 2008.

  1. It also indicated that this housing slump will take a long time before we hit the bottom as there are so many excesses still tp be worked out of the system.
     
  2. S2007S

    S2007S

    many years before there is a bottom in housing, 2012 is the earliest I predict. Housing prices will fall more than 10% over the next 12 months. 2 million foreclosures by the end of 2008.
     
  3. Are you one of those people that has been making calling bottoms for the past 2 years - finally deciding to go our further?



    This is an election year - the moves the Fed/govt. makes with soften this decline a lot.
     
  4. krazykarl:
    "This is an election year - the moves the Fed/govt. makes with soften this decline a lot."
    yeah right, like putting a pillow on the spot where the jumper will hit the sidewalk
    (nothing personal krazykarl)
     
  5. No worries.

    The govt. needs the working bums/middle class to be complacent. Mark my words: 10 months from now the bull will have returned, though it will complete the double top at 14000.



    Regards,