Home prices down 12.7% in Feb
The decline countinues in real eastate with home prices down 12.7% in US as banks refuse to give loans and foreclosures are being auctioned off at fire sale valuations. A vten city index set a record monthly fall of 13.6% and prices are still falling.
Debunkers now say "That was obvious", but in 2005 I sounded the alarm and told people about the real estate bubble and mortgage meltdown. The dumber than dogdirt debunkers told me that all I predict is gloom and doom.
Well, now I predict shortages of food & fuel in the future.
0 comments:
Post a Comment