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)
3 thoughts on “Bottom in US housing in 3-5 years; UK slightly later”
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mdmick says:
I don’t know why but I love graphs like ths.
Tee hee hee
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.
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.