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Author Topic: Why home prices may never recover to 2006 levels - Great article.  (Read 528 times)

Soul Crusher

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Why home prices may never recover to 2006 levels - Great article.
« on: April 08, 2009, 12:42:47 PM »
http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/why-home-prices-may-never-recover.aspx?page=1



This article is very good and explains the insanity that was the housing market until 2007.
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240 is Back

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Re: Why home prices may never recover to 2006 levels - Great article.
« Reply #1 on: April 08, 2009, 01:03:03 PM »
they were never worth what they were selling for in 2002-2006.
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Soul Crusher

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Re: Why home prices may never recover to 2006 levels - Great article.
« Reply #2 on: April 08, 2009, 01:07:29 PM »
Quote from: 240 is Back on April 08, 2009, 01:03:03 PM
they were never worth what they were selling for in 2002-2006.

Yeah but the problem is that there is trillions of dollars in bad debt and CDS out there now.
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