Housing Market Predictions - A Look Back with Paul Krugman
Housing market predictions, housing boom, housing bubble, housing crash, economic recession. Some did get it right!
In a previous post (Housing Predictions) we highlighted a round-table housing market discussion which included Peter Schiff as one of the leading "housing expert" analysts. Schiff, despite being ridiculed by other panelist, was spot on in his analysis. In fact, as we stated before, his comments regarding the housing boom, housing bubble, and eminent housing crash were nearly prophetic in nature.
Paul Krugman, on the record getting the housing boom, housing bubble, housing crash extremely right as well:
The signs are almost always there if you're willing to listen and you know what you're looking for. The problem. Few people are willing to listen and even fewer people know what they're looking for.
Labels: housing bottom, housing bubble, housing crash, housing video, Paul Krugman, peter schiff










2 Comments:
It is always a good idea to listen to a Noble Peace Prize winner. I like Paul Krugman, he is a sharp guy. The signs were definitely there if were paying attention.
The Housing Market Predictions is basically predictions upon the trends of the Housing Market made through a close and detailed study of the behavioral patterns of the market over a given period of time. With house prices at a 12 year low, volatile financial markets and buyer confidence sinking, it’s hard to foresee what the property market will do in coming months and whether or not now is the right time to invest.
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Rachelle
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