About 200 charts and explanations, but comes down to this: Housing prices will revert to the 100-year mean. Gary Shilling: House Prices Will Drop Another 20%
Seeing the Forest
Who is our economy FOR, anyway?
About 200 charts and explanations, but comes down to this: Housing prices will revert to the 100-year mean. Gary Shilling: House Prices Will Drop Another 20%
Remember the Option Arm Reset Sched from a while back? IS this a long tail effect of that?
OK that scared the crap outta me. I remember looking at that Option Arm Reset graph from last year and thinking that this housing market is FUBAR till 2013 or even later.
OK that scared the crap outta me.