markg

Don’t Expect a V-Shaped Recovery in Real Estate Prices

Question, why do the two indices mentioned below have to move in phase? Do oil and soybeans have to move in phase? If you look back to the stock market indices, 2001 to 2002 was pretty bleak. Housing was starting to roll.

The only certainty is that the past does not guarantee the future.

On Jul 08 09:30 AM jeandit75 wrote:

> The S&P dropped to its 1997 level last March while the Case Shiler
> index is only at its 2002 or 2003 level. There neeeds to be a healthy
> correction before things can improve. This was just the beginning
> of the correction I am afraid. Then the story does not end here for
> the toxicity of the bank assets cause the commercial real estate
> is also going to crash. I am excited to see how the Wall-Street cheerleaders
> are gonna be calling the turnaroung when all of the pieces start
> to fall apart.