http://livingoffdividends.com/2005/09/28/housing-slowdown-state-woes-are-forecast/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 13 Dec 2011 07:31:37 -0800 http://wordpress.org/?v=2.8.1 hourly 1 http://livingoffdividends.com/2005/09/28/housing-slowdown-state-woes-are-forecast/comment-page-1/#comment-23021 Mohammad Sat, 15 Nov 2008 05:29:19 +0000 http://www.livingoffdividends.com/2005/09/28/housing-slowdown-state-woes-are-forecast/#comment-23021 Wow...it's 2008 and look at your prediction! Wow…it’s 2008 and look at your prediction!

]]> http://livingoffdividends.com/2005/09/28/housing-slowdown-state-woes-are-forecast/comment-page-1/#comment-168 Anonymous Sat, 29 Apr 2006 10:08:00 +0000 http://www.livingoffdividends.com/2005/09/28/housing-slowdown-state-woes-are-forecast/#comment-168 It's funny... my wife says the same thing to me! As an economist, I can't help but having a cool head. Although I can't predict how high prices will go, or when the peak will be reached, I _know_ that such time will come, and then prices will stay flat for some time. I'm not as pessimistic as you are, though. Prices may drop over several years in real terms, meaning, housing prices may be flat, even drop a little, so that they will lag behind inflation. On the other hand, if there is a severe recession in the state (or the nation), or the bets are off, and we could see a 25% drop in nominal (dollars) terms. Interesting times we are living! It’s funny… my wife says the same thing to me! As an economist, I can’t help but having a cool head. Although I can’t predict how high prices will go, or when the peak will be reached, I _know_ that such time will come, and then prices will stay flat for some time. I’m not as pessimistic as you are, though. Prices may drop over several years in real terms, meaning, housing prices may be flat, even drop a little, so that they will lag behind inflation. On the other hand, if there is a severe recession in the state (or the nation), or the bets are off, and we could see a 25% drop in nominal (dollars) terms. Interesting times we are living!

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