Sunday, July 30, 2006

Housing Bubble, Recession, and That 70’s Show

Housing Bubble, Recession, and That 70’s Show

This past January, I wrote an article titled “Real Estate Burst, Upcoming Recession, and Soaring Commodity Prices”. At the time of the article, most people thought that a recession prediction was outrageous and that a burst in the real estate market was hopelessly pessimistic. Since then, we have seen clear signs of an upcoming recession as well as a slowdown in housing that is only set to accelerate.

Posted by chris @ 06:46 PM (1737 views)
Please complete the required fields.



3 thoughts on “Housing Bubble, Recession, and That 70’s Show

  • Retiredbanker says:

    “However, we are a consumer led economy. As a result a slowdown in consumer spending will put a
    screeching halt to this pseudo-economic growth we have experienced in the last several years”.

    Quite!, the same here as in the US. We shall then see how Brown’s economic miracle holds-up.

    Reply
    Please complete the required fields.



  • Sorry, the source here is a bit reaching. If this article were in a state broadsheet or a European national then fine but this is someone’s blog, isn’t it?

    Reply
    Please complete the required fields.



  • Blindleadtheblind says:

    No Paul, it is not someones blog, and yes it is far reaching, but if I may say so, it is something that people generally would do well to understand. There is more to finacial education than simply rising or falling house prices, just a matter of joining all those seemingly meaningless reaching subjects together…!! As for the article, it is US based but by and large it is applicable to what the UK will experience aswell. Kitco a very usefull website by the way…

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>