patrick.net
An Antidote to Corporate Media
1,364,663 comments by 15,736 users - Nebulosious online now
2020-2025 Housing Prices any guesses?
2011 Aug 21, 3:40pm 24,317 views 118 comments
by LAO follow (0)
« First « Previous Comments 118 - 118 of 118 Search these comments
118
taxee
@
2012 Sep 4, 12:09pm
taxee
@
2012 Sep 4, 12:09pm
Things seem to be working quite well for them. The fed are fine, the hungry get food stamps. What could possibly go wrong?
« First « Previous Comments 118 - 118 of 118 Search these comments
I've read some predictions that we wont reach 2006 bubble prices again in Los Angeles until 2024... Others are less optimistic and see prices heading back to mid-1990s prices and staying there until 2025. Which would mean we would have 30 years of ZERO housing appreciation from 1995-2025.
What types of effect on our society would 30 years of zero housing appreciation have? We just had a decade of zero stock market gains and are very close to a decade of zero gains in the housing market. What new policies, changes in tax system, green energy industrial revolution can jumpstart the economy... ?
#housing