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With respect and best wishes, but did you feel much better a couple of months ago when any concern of housing markets problems (particularly, of subprime mortgages) was laughed at loudly? Would you trust the same "responsible" voices now?
by das monde on Tue Mar 27th, 2007 at 06:27:28 AM EST
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But that is not quite accurate.  While there is always a diversity of opinion on future financial events,( afterall there had better beecause you can't have much of a market if everybody thinks the same thing--what would happen if everyone agreed that Johnson and Johnson was worth exactly $6 today.  who would buy and who would sell?), the major issue in American forecasting of home prices for the past year has been will there be a housing slowdown or will it turn into a housing crash?  Im sure there must have been someone saying not even a slowdown, but I don't recall them.  and even on this site that has been the issue,,,,at least in dialogues I have been involved in.

and in conjunction with that, the economy has been slowing for months, and that has been expected.  but once again there is a group that expects an outright recession, a smaller group that expects a depression, and probably the largest group that expects just a slowdown.

by wchurchill on Tue Mar 27th, 2007 at 01:32:18 PM EST
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