Residential Real Estate: Erosion Ahead [View article]
>> If home prices follow the timeline of previous cycles, one might expect a real recovery around 2016 at the earliest.
it's easy to imagine that in the face of any real recovery, cheap easily-drilled low sulfur oil will become expensive again, added a headwind for those hoping to motor around suburbia at a reasonable price. In addition, an army of Baby Boomers will be retiring, or wanting to retire in the near future. So I don't know how both of those factors will factor in.
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>> If home prices follow the timeline of previous cycles, one might expect a real recovery around 2016 at the earliest.
Dec 03 14:25 pm
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All Comments by bigmoney »Residential Real Estate: Erosion Ahead [View article]
it's easy to imagine that in the face of any real recovery, cheap easily-drilled low sulfur oil will become expensive again, added a headwind for those hoping to motor around suburbia at a reasonable price. In addition, an army of Baby Boomers will be retiring, or wanting to retire in the near future. So I don't know how both of those factors will factor in.