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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: SouthFloridaGuy who wrote (122023)5/10/2008 1:59:39 AM
From: John VosillaRead Replies (2) of 306849
 
This is the big story now along with low long term rates..doubling of the money supply by the end of 2010 if this keeps up

research.stlouisfed.org[1][id]=MZM&s[1][range]=5yrs

eventually it all gets resolved..

housing crash is/was a temporary overcapacity/misallocation of capital that gets resolved by the above plus a 3-4 year depression in new home construction

so shave a couple of percent off GDP for the home construction plus another couple for the drag of high energy prices..

nominal versus real GDP can continue to be distorted as long as enough deflationist types by into that story

might continue to feel like recession for many even as we hyperinflate in coming years..
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