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.
Labels: deflation, Depression, real estate, Stupid things Bill wants to do
