June 23, 2010

Housing Continues to Dip

The most interesting thing about this article noting how the U.S. housing market continues to dip (despite the recent $8,000 homebuyer credit) is that it assumes that in the future, either housing will drop 5% or it will drop 10-15%. Not even a suggestion that it could go up.

People are finally catching on that without job growth, house prices and sales will continue to drop.

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