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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: TH who wrote (160022)10/25/2008 2:04:57 PM
From: patron_anejo_por_favorRead Replies (3) of 306849
 
5 quarters would tie the post-depression record. That's actually a pretty severe recession.

I think once all revisions are complete, we'll find the recession officially started in Q2 '08. If so we'll continue to slide through Q2 '09. Sounds about right. I expect a very feeble recovery, too......because of lack of leverageability by the financial sector that will be the result of the credit bubble imploding.
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