“The survey conducted by the Professional Risk Managers’ International Association for FICO, found that 49 percent of respondents do not expect housing prices to rise back to 2007 levels for another nine years. Only 21 percent of respondents said they would.”
I wonder how the survey was written. Reading between the lines, it sounds like the question was something along the lines of “do you expect housing prices to rise back to 2007 levels within the next 8 years?”
A “no” response may not mean that housing prices will recover in 9 years as the article suggests.
I only mention this because my first thought was that the risk managers were being wildly optimistic. But, on second thought, this is probably just another example of poor journalistic analysis.
The headline that further misinterprets the article doesn’t help either.
