I believe 1993 was the peak of the recession as unemployment got the highest then. Recovery slowly took hold moving forward. 1990 prices did not get to par until 1997.
As for the LA Times article, check Bruce Norris’s web site for his radio show. He’s a long time Riverside County RE investor and he and others in his area think this is far more severe than the early 1990’s.
I believe 1993 was the peak of the recession as unemployment got the highest then. Recovery slowly took hold moving forward. 1990 prices did not get to par until 1997.
As for the LA Times article, check Bruce Norris’s web site for his radio show. He’s a long time Riverside County RE investor and he and others in his area think this is far more severe than the early 1990’s.
I believe 1993 was the peak of the recession as unemployment got the highest then. Recovery slowly took hold moving forward. 1990 prices did not get to par until 1997.
As for the LA Times article, check Bruce Norris’s web site for his radio show. He’s a long time Riverside County RE investor and he and others in his area think this is far more severe than the early 1990’s.
I believe 1993 was the peak of the recession as unemployment got the highest then. Recovery slowly took hold moving forward. 1990 prices did not get to par until 1997.
As for the LA Times article, check Bruce Norris’s web site for his radio show. He’s a long time Riverside County RE investor and he and others in his area think this is far more severe than the early 1990’s.
The US$ is gonna surprise you. It’s a fiat world going to ZIRP. This is following a historic trend that will benefit the world currency. That’s the US$. Gold will probably have it’s day, but I think it’s still a ways off. If the markets go another leg down, money will run to T Bills and the US$ again out of fear. Gold may get a rise out of this as well. Could we see the US$ and gold rise together???? Me thinks it’s a distinct possibility in the next panic.
Author
Posts
Viewing 15 posts - 2,176 through 2,190 (of 5,771 total)
