This
article that predicts the worst ten housing markets for the next five years has been on Yahoo Finance's top news stories all morning. What a dumb article. How the heck do its two authors (or anyone else) have any clue what the worst housing markets will be for the next five years. I want the three minutes back it took me to read the article and write this post.
Are they just interpolating forward? History has been a great guide! You could make the exact opposite argument based on their insight that housing prices has bottomed in those markets and the other markets will get worse/"catch up" the next five years.
ReplyDeleteI want the 1.5 minutes it took me to read your article, scan their article, and then reply back...