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Fortune Mag predicts 5% drop in Boston prices (so what?)
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john p



Joined: 10 Mar 2006
Posts: 1820

PostPosted: Wed Nov 14, 2007 6:26 pm GMT    Post subject: Reply with quote

http://generationrisk.blogs.money.cnn.com/2007/05/25/gen-xers-are-you-better-off-than-your-parents/

http://money.cnn.com/2007/05/25/pf/mobility_study/index.htm?cnn=yes

http://www.taxfoundation.org/files/ef4b0dc02c79edb4c01615f70559e178.pdf

http://www.ncpa.org/pd/economy/ecof5.html

Quote:
According to a study from the National Bureau of Economic Research, from 1969 to 1989 the time worked by married males declined slightly and earnings increased slightly. But the time worked by wives increased from 39 percent to 66 percent of the year and their earnings more than doubled.

Source: Laura M. Litvan, "How Families With Two Incomes Are Changing the U.S. Economy," Investor's Business Daily, August 22, 1996.


http://www.ncpa.org/pd/economy/ecof.html.

Source: Laura M. Litvan, "How Families With Two Incomes Are Changing the U.S. Economy," Investor's Business Daily, August 22, 1996.
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SamChady
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PostPosted: Sat Feb 02, 2008 7:09 pm GMT    Post subject: Latest Businessweek 2/11/2008 Reply with quote

The cover story (page 40) has the most negative article I have read yet. The article predicts another 20% fall in prices back to the 2000 levels to restore normalcy in the real estate appreciation curve. Its a very good article with a lot of information and the psychology of the buyers/sellers. They predict a fall through 2010.

(I am not associated with this magazine except that I have a subscription which I got for free with my unused air miles.)

Another point made was that the sellers had not capitulated yet. Without final capitulation, the bottom has not been met yet. It did discuss some banks capitulating, by selling at 1/2 the value of the property.
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admin
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Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston

PostPosted: Sun Feb 03, 2008 4:54 am GMT    Post subject: Re: Latest Businessweek 2/11/2008 Reply with quote

SamChady wrote:
The cover story (page 40) has the most negative article I have read yet. The article predicts another 20% fall in prices back to the 2000 levels to restore normalcy in the real estate appreciation curve. Its a very good article with a lot of information and the psychology of the buyers/sellers. They predict a fall through 2010.

(I am not associated with this magazine except that I have a subscription which I got for free with my unused air miles.)

Another point made was that the sellers had not capitulated yet. Without final capitulation, the bottom has not been met yet. It did discuss some banks capitulating, by selling at 1/2 the value of the property.


Is this the article?:

http://finance.yahoo.com/real-estate/article/104340/Housing-Meltdown;_ylt=An_sVS94uzvqBvIE50Lz1OZO7sMF

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SamChady
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PostPosted: Sun Feb 03, 2008 5:17 am GMT    Post subject: Article in Biz Week Reply with quote

Yes! I had NO IDEA it was also online.
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