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 Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (61477)5/19/2006 5:27:28 PM
From: ild  Read Replies (4) | Respond to of 110194
 
<<<If the economy slides into recession - no question, housing will get killed.>>>

Don't you think that slowing in RE will guarantee a recession? Under slowing I mean:

1. No major RE prices decline. Maybe 5-10% in most speculative markets
2. 30% less RE transactions
3. MEW of (just!) $400 Bln

Once recession starts in 2007 then it will be slow multi-year unwinding of both RE and lending bubbles. I expect RE prices eventually to plunge at least 30-40% but I'm afraid it will be TEOTWAWKI.