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ProShares UltraShort Financials Message Board

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  • kier964 kier964 Jul 5, 2010 2:37 PM Flag

    Nobody in their right mind would buy a home this year

    The numbers are clear. Don't buy a house now, unless you want to throw money away. If my calculations are correct, there is another 10% downside on the unemployment numbers. Foreclosures will spike way up Neighborhoods will be abandoned. Crime will go way up, especially in California.
    The verdict is in. Housing is going down in flames. Wait for the re defaults to hit the market. Nice to see an honest realtor here. She gets it

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