Monday, December 1, 2008

Bottom in US housing in 3-5 years; UK slightly later

Housing Update - How Far To The Bottom?

Some excellent graphs and easy-to-follow technical analysis in this article. Lots of comparisons with Japan's bubble. "My model suggests there is another 3-5 years before housing bottoms in the US. I also expect the UK, Canada, and Australia to follow similar paths, offset only by the start of their respective housing busts."

Posted by drewster @ 02:10 PM (782 views)
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3 thoughts on “Bottom in US housing in 3-5 years; UK slightly later

  • I don’t know why but I love graphs like ths.
    Tee hee hee

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  • planning4acrash says:

    5yrs based on the last few crashes, but interest rates were hiked to quell inflation and govt let the crashes occur. With zero ir’s. Expect a never ending Japanese style depression, until a country breakes ranks and raises rates, poss via EU collapse.

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  • planning4acrash says:

    The west is sabre rattling Russia for Rouble protection, & iran for dumping dollar & buying gold, because they are breaking ranks with Gordon Brown’s socialist New World Order. Expect more geopolitical tension.

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