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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: RetiredNow who wrote (253597)6/11/2010 4:01:00 PM
From: John VosillaRead Replies (1) of 306849
 
ECRI seems to be more it tune with what is really going on than most. I like that they are nonpartisan and don't wear permabull or permabear hats on their sleeves like most do. Lakshman was on CNN a few weeks ago and seems to indicate the modest recovery is on track to continue and will accerate over time.

I myself have been expecting nothing more or less than an 'L' for now with either a new boom in a few years if rates remain so low or 70's type stagflation into the next decade. The housing bust and banking crisis are sideshows to fool the masses while the pros continue to take advantage of it.
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