OK, all you diligent, analytical numbers-crunching Piggs are probably going to fall over out of your chairs at this one. No matter, we exist to give each other a laugh now and then.
What follows is an artistic stab at extrapolating the current curves of housing price graphs. I simply sketched in the down side of the given curve, assuming it would be fairly symmetrical from up side to down side. I projected this till its height was roughly even with the height of the previous low (1996).
I thought it interesting that in both cases my “Sharpie-projected bottom” comes out about 2013.
Although with the second, more recent curve, if the rate of descent stays nearly as steep as it is now, and doesn’t “ramp out”, the bottom could come as soon as 2011 (indicated by the faint, straight grey line).
If you look closely at the curves for the 1980 amd 1990 “bubbles”, you’ll notice that the upward side of the line is steeper and the downward side is more gradual.
This 2006 bubble has been steep on the downhill side, but I’m wondering if, now that it is down to a “normal” bubble size, if the downward side might become more gradual, too.
If my theory is correct, that would put the bottom even further out than 2013. Just a thought.
If you look closely at the curves for the 1980 amd 1990 “bubbles”, you’ll notice that the upward side of the line is steeper and the downward side is more gradual.
This 2006 bubble has been steep on the downhill side, but I’m wondering if, now that it is down to a “normal” bubble size, if the downward side might become more gradual, too.
If my theory is correct, that would put the bottom even further out than 2013. Just a thought.
If you look closely at the curves for the 1980 amd 1990 “bubbles”, you’ll notice that the upward side of the line is steeper and the downward side is more gradual.
This 2006 bubble has been steep on the downhill side, but I’m wondering if, now that it is down to a “normal” bubble size, if the downward side might become more gradual, too.
If my theory is correct, that would put the bottom even further out than 2013. Just a thought.
If you look closely at the curves for the 1980 amd 1990 “bubbles”, you’ll notice that the upward side of the line is steeper and the downward side is more gradual.
This 2006 bubble has been steep on the downhill side, but I’m wondering if, now that it is down to a “normal” bubble size, if the downward side might become more gradual, too.
If my theory is correct, that would put the bottom even further out than 2013. Just a thought.
If you look closely at the curves for the 1980 amd 1990 “bubbles”, you’ll notice that the upward side of the line is steeper and the downward side is more gradual.
This 2006 bubble has been steep on the downhill side, but I’m wondering if, now that it is down to a “normal” bubble size, if the downward side might become more gradual, too.
If my theory is correct, that would put the bottom even further out than 2013. Just a thought.
Inflation will hit long before a year 2013 bottom is reached. In terms of adjusting for inflation, it “may” be accurate. But in real dollars, we’ll hit bottom by mid-2010.
Inflation will hit long before a year 2013 bottom is reached. In terms of adjusting for inflation, it “may” be accurate. But in real dollars, we’ll hit bottom by mid-2010.
Inflation will hit long before a year 2013 bottom is reached. In terms of adjusting for inflation, it “may” be accurate. But in real dollars, we’ll hit bottom by mid-2010.
Inflation will hit long before a year 2013 bottom is reached. In terms of adjusting for inflation, it “may” be accurate. But in real dollars, we’ll hit bottom by mid-2010.
