Monday, May 22, 2006

Impress Your Friends

Safehaven.com has this lengthy piece that describes why house prices are not going to go much higher. Make a copy of this piece and show it to your non-bubble believing friends.


Excerpt…

“Recently, Yale professor Robert Shiller has developed a long-term index of real housing prices for the U.S.1 This index is shown in Figure 1. In my prior discussion of trends in real estate values, I presented a variety of information providing evidence for an 18-year cycle in real estate/land values.2 What was not available to me was national data concerning real estate values over a long period of time.”

3 Comments:

Anonymous Anonymous said...

huh?

Tuesday, May 23, 2006 12:13:00 AM  
Blogger new 200 Mbps BROADBAND over POWER LINES said...

New Jersey Real Estate Mogul- Solomon Dwek`s Real estate holdings really impresses us !!!
New tally of Dwek holdings tops 350

Living expenses: $276,000 a year

Tuesday, May 23, 2006 11:57:00 AM  
Anonymous Anonymous said...

too confusing.

Tuesday, May 23, 2006 12:10:00 PM  

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