The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: neolib who wrote (229866)	11/22/2009 7:44:51 PM
From: alanrs	Read Replies (1) of 306849

I'm pretty sure the guy started doing this with the first red dot you see on the graph. And of course it does not take into account that all city workers here in Chicago (for instance) will have 25 unpaid furlough days next year (instead of 10% of them being laid off), or the untrackable number of previously employed illegal immigrants no longer working, or some other factors I haven't thought of off the top of my head that I'm reasonably sure exist. Just the official government projections and the official government actuals. IMO the fat lady has not yet sung. ARS

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