I challenge any RE bulls to rebut this analysis and thesis without embarrassing yourself now and/or in the future when her predictions once again come true…
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I am not RE bull and obviously Meredith Whitney is smart and I respect her for the being right on the big call.
However I read the link and listened to CNBC interview and it was all about banks, their balance sheets and stock prices.
I only see following quote about house prices : “I think there is no doubt that home prices will go down dramatically from here, it’s just a question of when.”. There are absolutely no reasons listed in the article for that assertion.
How do you rebut an “analysis and thesis” which has not been made?
