Do you think the housing market is
making a meaningful and long lasting recovery
|
8
(14%)
|
just making a temporary upturn, there is still substantial down side risk to prices
|
15
(26%)
|
making a short lived upturn with more sideways price action to come
|
34
(59%)
|
Votes so far: 57
This is pretty close to what I expected. I believe the pattern will be similar to Japan. People rushed in after the first decline stopped only to get killed in the next big recession and house price decline. I think the worst economically is yet to come. If that is true, house prices will still fall more then they did.
Bob
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