December 31st, 2007
Top economist says America could plunge into recession
» Posted in economy at 12:55 am
I agree that housing prices have a long way to fall. How far depends upon where you live. If housing went up 100 percent in the last five year in your area it can fall by the same amount in the next couple of years. If we get into a severe recession house prices can fall more than that.
“Losses arising from America’s housing recession could triple over the next few years and they represent the greatest threat to growth in the United States, one of the world’s leading economists has told The Times”
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Date posted: Monday, December 31st, 2007 12:55 am | Under category: economy
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Date posted: Monday, December 31st, 2007 12:55 am | Under category: economy
RSS 2.0 | Both comments and pings are currently closed.
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