<div class="bbWrapper"><b><span style="font-family: 'Arial'">How to Tell the Housing Bust has Bottomed -</span></b><br />
<br />
<span style="font-family: 'Arial'">When the hundred year housing chart finds a new plateau. Very generally - the market moves up for about seven years, flat for seven years, down for seven, level for seven and then begins a new wave up. </span><br />
<br />
<span style="font-family: 'Arial'">Here is a graphic showing the Case-Shiller Index along with some bloggers projection showing reversion to the mean at a new plateau. </span><br />
<br />
<span style="font-family: 'Arial'"><span style="color: #0000ff">http://globaleconomicanalysis.blogspot.com/2011/06/when-was-housing-peak-and-how-far-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29</span></span><br />
<br />
<span style="font-family: 'Arial'">The second major signal will be when the maintream press runs pieces titled "Is this the beginning of the triple-dip down?"</span><br />
<br />
<span style="font-family: 'Arial'">THAT is the point to buy using both barrels.</span><br />
<br />
<span style="font-family: 'Arial'">Currently the mainstream media is promoting the myth that housing prices are putting in a bottom right now.</span><br />
<br />
<span style="font-family: 'Arial'">Here is just one example from today:</span><br />
<span style="font-family: 'Arial'"><span style="color: #0000ff">http://finance.yahoo.com/real-estate/article/112969/how-to-tell-housing-market-hit-bottom-wsj</span></span><br />
<br />
<span style="font-family: 'Arial'">That said, I am now myself looking to buy income property, though being VERY picky about it...</span></div>
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
