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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: UncleBigs who wrote (61685)5/23/2006 1:19:31 AM
From: kris b  Read Replies (1) | Respond to of 110194
 
I predict that sustainable gdp in the u.s. is at least 30% to 40% less than today.

What will the unemployment be when we get there in your opinion?

My prediction is that housing falls by a minimum of 50% in real terms within 4 years in the major metro areas of the country.

You are conservative in your assumptions. In order to get back to 2000 level we need a drop of 60%. To turn the clock back to 1984, when the liquidity pump started, RE should drop by 80%.



To: UncleBigs who wrote (61685)5/23/2006 10:11:18 AM
From: John Vosilla  Respond to of 110194
 
"My prediction is that housing falls by a minimum of 50% in real terms within 4 years in the major metro areas of the country."

That is a given as is the most speculative of condo markets dropping 50% easily in just nominal terms.. Only a question of how much of that 'real' drop is due to inflation...