Housing Market May 'Have the Bottom Fall Out' [View article]
The gentleman eloquently states that "... the problem is that they're not addressing the problem..."
He's not addressing it either. The real problem is artificially high prices. The Case Schiller index still shows significant overvaluation, even after the drops we've seen. The only real solution for this problem is for prices to drop back to historic norms, by another 20% or so.
Housing Market May 'Have the Bottom Fall Out' [View article]
He's not addressing it either. The real problem is artificially high prices. The Case Schiller index still shows significant overvaluation, even after the drops we've seen. The only real solution for this problem is for prices to drop back to historic norms, by another 20% or so.