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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: TH who wrote (264278)7/27/2010 12:05:41 AM
From: neolibRead Replies (2) of 306849
 
Very solid data would indicate the true rate of unemployment is probably between 15-20%.

But if you use those numbers, then what was the "true" unemployment rate back in 2005 when all was rosy. The 9-10% is at least in the context of prior rates being 5%. If the "true" rate was close to 5% before, than there is indeed a significant difference between the two methods. If the prior rate was 15% and now its 20%, not much is different.
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