SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Perspective who wrote (237150)1/29/2010 12:55:10 PM
From: benwoodRead Replies (1) of 306849
 
I don't think there would even have been a dead cat bounce in ER if not for all the future-taxpayer-extorted down payments for the cheapest tier of homes. Some clown here was boasting a few months ago how the downturn was over and everybody who didn't believe that should suck eggs. I felt at the time and said so that the downturn would resume within six months or so. I haven't wavered from that belief, and think the latter part of this year will be very dicey, unless extraordinary prop-job behavior resumes in which case the probability of a serious currency crisis, either here or sparked somewhere else in the world, increases significantly in the short term.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News