Housing bottoms in 18 months

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optimusprime_IHB

optimusprime_IHB

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This is what I've been calling for and this guy presents it perfectly with the Alt-A wave of resets coming up...

<a href="http://www.cnbc.com/id/15840232?video=805940450&play=1">http://www.cnbc.com/id/15840232?video=805940450&play=1</a>
 
This guy hit it right on the head. I couldn't of said it better. Don't listen to anything the NAR says they are so full of it. I love their commercials that houses on average almost double every ten years.
 
Well, the IMF is looking at working papers on it. Courtesy of Jim the Realtor's blog: <a href="http://www.imf.org/external/pubs/ft/wp/2008/wp08187.pdf">Equilibrium Prices at 2001 level overshot to 1999 prices.</a>
 
[quote author="optimusprime" date=1217279939]This is what I've been calling for and this guy presents it perfectly with the Alt-A wave of resets coming up...

<a href="http://www.cnbc.com/id/15840232?video=805940450&play=1">http://www.cnbc.com/id/15840232?video=805940450&play=1</a></blockquote>
Link still works. Good video to the deniers.
 
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