Shiller Housin Index
This index is part history and part projection, but it implications say housing is the party killer in a recovery of jobs and economic growth.
Best, Islander
The Lid on Recovery
Started by
Islander
, Apr 12 2010 07:49 AM
3 replies to this topic
#2
milbank
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Posted 12 April 2010 - 08:31 AM
Wow. Chilling. Even so, it seems rather optimistic in it's projections for the rest of the decade in that the we are beginning a bottoming process, I say that's optimistic considering that along with everything else involved in the housing decline, interest rates are still at the bottom and only beginning to start to rise. 
On to the trade, already in progress. 
On to the trade, already in progress.
Edited by milbank, 12 April 2010 - 08:33 AM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#3
Islander
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Posted 12 April 2010 - 09:02 AM
Don't get too pessimistic, the Administration is currently planning to refinance the twins (Fred and Fannie) that own most of the toxic mortgages.
Oh! that is going the wrong way, you may have a point.
Best, Islander
#4
MaryAM
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Posted 12 April 2010 - 12:12 PM
How much you wanna bet that property taxes WON'T decline along with property values?
Mary Anne
