Wednesday, December 14, 2011


This slump won’t end until 2031

Wow, someone is more pessimistic than me. Do you remember the good old days of 2005 when I first started blogging about the housing bubble? Now I am getting interested in real estate investing. Of course, I am always early. I just don't think this will last until 2031. 2016? Yes, much beyond that would require this teetering edifice of debt to hold up much longer than I think possible.

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