The End is Nigh?
More propaganda du jour from the Realtors...
Market flow: From now until then (the election) there will still be a tendency for the final stages of a downward trend.
Once this is all complete however, “the bottom of the market” will be declared at all media outlets.
At that point everyone will begin to look up. Then, slowly but surely, recovery will begin to transpire.
Real estate markets usually fall fast and rise relatively slowly, certainly in the beginning.
Then given about a three-year stretch, things would have returned to where they had been.
Result: What you would have witnessed is seven years up and seven years down.
The Nattering One muses... Again, WTF?? The author is absolutely clueless with regard to the big picture and global financial crisis at hand.
It is evident that the author cannot fathom the causes, nor remedies necessary.
This time it is different and the norms of past cycles do not and will not apply.
However, we do want some of what the author and anyone who buys into this tripe is smoking.
Market flow: From now until then (the election) there will still be a tendency for the final stages of a downward trend.
Once this is all complete however, “the bottom of the market” will be declared at all media outlets.
At that point everyone will begin to look up. Then, slowly but surely, recovery will begin to transpire.
Real estate markets usually fall fast and rise relatively slowly, certainly in the beginning.
Then given about a three-year stretch, things would have returned to where they had been.
Result: What you would have witnessed is seven years up and seven years down.
The Nattering One muses... Again, WTF?? The author is absolutely clueless with regard to the big picture and global financial crisis at hand.
It is evident that the author cannot fathom the causes, nor remedies necessary.
This time it is different and the norms of past cycles do not and will not apply.
However, we do want some of what the author and anyone who buys into this tripe is smoking.
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