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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (59554)8/10/2006 9:42:30 AM
From: Les HRead Replies (1) | Respond to of 306849
 
That's one misleading chart. It doesn't even show the actual procurement spending. Military programs were obviously not being cut during the mid 80s. Notice the cliff dive in 1993 and 1994 when the nationwide base closures were being implemented. That's about the time real estate bottomed.



To: Elroy Jetson who wrote (59554)8/10/2006 4:03:46 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
what do you think of this? This is from Doug Kass's column.

As I mentioned previously, the statistical peak in housing (measured by new-home sales) was October 2005, only nine months ago (and with a unit drop in new-home sales since the peak of less than 20%). By contrast, the average postwar cyclical downturn for housing has been between 26 to 52 months, and in units, has averaged a 51% drop.


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