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 This is a summary of an excellent and clear report put out by Elizabeth Warren chair of the Congressional oversight panel. Warren is a refreshingly honest and clear voice among the politicking, greed and fear mongering that surrounds this historically defining issue. The report is a 190 page turner for me (under employed hedgie / consultant). Here is a video highlighting what →…read more I will let the pictures do the talking, fiscal reality meets physical realty. My opinions on why this is happening and how much farther it could go. Price declines 10-18%, Sales Declines of $+6 billion, listing discounts increasing to greater than +10%, average days on the market increasing over 175 days, you get the picture and with Job losses increasing →…read more |
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Creative Commons; 2010 Designing Better Futures - rights of Attribution Required |
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