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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 (258992)7/7/2010 1:17:04 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Home prices declining another 50% is entirely plausible unless we use Japan-like perpetual-stimulus to prevent our excess debt-to-income ratio from liquidating and declining."

Sounds like what got us here. So more of it is the cure. NG.



To: Elroy Jetson who wrote (258992)7/7/2010 1:19:20 PM
From: CalculatedRiskRead Replies (1) | Respond to of 306849
 
I definitely think prices will fall further, but 50% on a national basis is VERY unlikely.


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