I’ll Have Some of What He’s Smoking
Jan 2nd, 2008 at 7:58 am by Susie
This economist believes home prices will bottom out by June, then stabilize.
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moron, the inventory on hand is beyond 6 months is some areas…
And, in the case of existing houses, the inventory is understated because
people have taken their houses off the market since they weren’t selling.
It’s similar to the unreported discouraged job seeker component in
unemployment figures.