tl

Hank Paulson: Leading Us to the Next Bull, Soon

I agree with much of what you say, but your belief that the housing market will bottom as quickly as 2009 is unlikely, in my opinion. Past housing slumps lasted at least 4 years, and our latest housing boom is on an order of magnitude much higher than anything we've ever seen. What makes you believe that housing could bottom so quickly, relative to historical peaks/bottoms?