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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (199116)4/30/2009 11:33:47 AM
From: PerspectiveRead Replies (2) of 306849
 
If you would have told me in November 2007 that ACF would be at the same level 18 months later, after the credit bubble had burst, unemployment was aiming for 10%, and delinquencies were soaring, I'd have told you to get your head checked. UFB.



What a difference two months can make...

EDIT: I'm hoping it's something akin to the 2001 experience:



This is one that has been a core position for me. When it finally broke apart for real in the last recession, it went down and STAYED down for months. No "V" bottom. I suspect it will do the same at some point, but managing the pain in the mean time is a beeeatch.

BC
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