Trying to Retire

Opportunity Staring Us in the Face

Looking at forward P/E's assumes that earnings stays constant. With sentiment being at a low and public/corporate purchasing on the decline, earnings will surely fall, and that will increase the P/E.

Looking at home ownership assumes that there is a constant pool of buyers in the market. With foreclosures abounding and boomers retiring, the pool of buyers is declining. Just another factor to think about.