Housing futures?

User Forum Topic
Submitted by sd_bear on January 18, 2008 - 12:19pm

http://seekingalpha.com/article/60605-ho...?

Does this graph seem wrong to anyone else? Why would it shoot all the way up the past 7 years and then only settle 21% below the peak?

I'd definitely place a bet on returning to more historical levels.

Submitted by stpiermj on January 18, 2008 - 6:42pm.

21% assumes a Compounded High Price Growth Trend. The Nominal Growth Trend is about 28% and the Compounded Low Price Growth Trend will be approximately 35%. I am leaning toward the 35% drop by July 2010.