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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (70483)10/25/2007 8:50:47 PM
From: mishedlo  Respond to of 116555
 
When Will Housing Bottom?
globaleconomicanalysis.blogspot.com
Judging from mortgage rate resets, historical trends in housing starts and new single family homes, the bottom of this housing bust is a long was off. 2012 is the earliest. Given this cycle had the greatest excesses and lasted the longest in history, it could be longer. Boomer downsizing, immigration, and protectionism can also come into play.
Mish