Housing Is Not Recovering - Surprise, Surprise [View article]
The bursting of the bubble and what we're experiencing right now IS the recovery. A recovery to sane, affordable pricing levels. Anyone defining a recovery as a return to bubble pricing levels is a fool. It will take generations for values to appreciate to '05 levels and by then a can of Coke will be $3.
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The bursting of the bubble and what we're experiencing right now IS the recovery. A recovery to sane, affordable pricing levels. Anyone defining a recovery as a return to bubble pricing levels is a fool. It will take generations for values to appreciate to '05 levels and by then a can of Coke will be $3.
Jun 11 19:29 pm
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All Comments by Sean in CA »Housing Is Not Recovering - Surprise, Surprise [View article]