Market and Economy Predictions for 2009 [View article]
Beach Pundit - - -
I really wonder what causes you to predict house prices will bottom in less than six months. If you have an analysis that leads you to that conclusion, perhaps you could come back with a comment to share it. Most of what I read has a much longer time expectation to reach a bottom. Prof. Shiller, Yale, has projected a bottom could take as long as three years. I don't think that is his prediction, just the outside time limit.
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Beach Pundit - - -
Jan 02 00:53 am
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All Comments by kruser53 »Market and Economy Predictions for 2009 [View article]
I really wonder what causes you to predict house prices will bottom in less than six months. If you have an analysis that leads you to that conclusion, perhaps you could come back with a comment to share it. Most of what I read has a much longer time expectation to reach a bottom. Prof. Shiller, Yale, has projected a bottom could take as long as three years. I don't think that is his prediction, just the outside time limit.