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To: SeekAndFind

Looking at prices in the past, after a bubble, prices usually drop below the trend line before recovering. We still have a little way to go before that happens. I think it is natural for prices to continue to drop, and the government should stop meddling and trying to control the market.

12 posted on 07/06/2010 2:03:00 PM PDT by Wayne07
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To: MrShoop

Spot on - and thanks for posting that chart.


22 posted on 07/06/2010 2:40:21 PM PDT by Riodacat (Voltaire: "Those who can make you believe absurdities can make you commit atrocities.")
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To: MrShoop

That plot showing housing prices in the US doubling between 2000 and 2006 is completely bogus. Housing prices with no adjustment increased at a rate from 3% to 4% per year from 1955 on.


26 posted on 07/06/2010 3:09:12 PM PDT by spunkets
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To: MrShoop

How about from 1945 to 1970?


27 posted on 07/06/2010 3:14:59 PM PDT by BenKenobi (I want to hear more about Sam! Samwise the stouthearted!)
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To: MrShoop
prices usually drop below the trend line before recovering.

The trend lines converge in 2012. The actual prices, given the predicted drop before recovering, should then converge with those trend lines in 2012 also--which means I will buy in 2011. SF Bay Area prices are still obscenely high. They may not bottom out until much later.

38 posted on 07/06/2010 9:21:29 PM PDT by giotto
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