Housing at least another 20% on the downside. Good article.

[Soul Crusher]

http://www.businessinsider.com/henry-blodget-housing-market-2009-4


________________________ ___________

Good charts on where housing is likely to go. 

[Hereford]

There are still types of 'housing' that are still going up. Try to buy a little acrage on the west coast, you are still going to pay top dollar. If you want rental-quality housing, then you can find a few deals now days.

[Soul Crusher]

There are still types of 'housing' that are still going up. Try to buy a little acrage on the west coast, you are still going to pay top dollar. If you want rental-quality housing, then you can find a few deals now days.

Until the average salary can afford a average house, the homes are too expensive.

[Hereford]

I don't remember that ever being the case here in California.

[Soul Crusher]

I don't remember that ever being the case here in California.

And hence, you have higher unemployment than other states. 

[Hereford]

And hence, you have higher unemployment than other states. 

I don't see the correlation between the cost of housing and unemployment.