Housing: no bull market for a whole generation? ZT

Charles Hugh Smith:

What If Housing Is Done for a Generation?

What if housing valuations are in a structural, multi-decade decline?

A strong case can be made that the fundamental supports of the housing market-- demographics, employment, creditworthiness and income--will not recover for a generation. It can even be argued that housing has lost its status as the foundation of middle class wealth, not for a generation, but for the long term. ...

full article: http://www.oftwominds.com/blogapril12/housing-done4-12.html

所有跟帖： 

• 听起来很吓人，能否介绍一下著者的背景 -commonsense888- ♀ (30 bytes) () 04/11/2012 postreply 15:58:03

• 这有啥吓人的？ --企鹅-- ♀ (49 bytes) () 04/11/2012 postreply 16:31:38

• 越悲观越好！物极必反 － housing bottom up -逍遥流云- ♀ (0 bytes) () 04/11/2012 postreply 17:17:01

• look at the issues, consider the merits of the article,,, -hercules007- ♂ (380 bytes) () 04/11/2012 postreply 18:19:54

• 一个generation是不是10年？好像80后，90后之类的。如果是10年也不长，现在都6年过去了。 -Luckyd- ♂ (0 bytes) () 04/11/2012 postreply 20:34:05

• My understanding: 40 years -hercules007- ♂ (401 bytes) () 04/11/2012 postreply 21:06:58

• 这摩西也够坏的，为一己选择就能让同胞跟他在沙漠里受苦40年 -canyonbear- ♀ (37 bytes) () 04/12/2012 postreply 13:24:25

• Moses was carrying out God's wish, so says the Bible -hercules007- ♂ (0 bytes) () 04/12/2012 postreply 17:00:14

• 过度恐慌说明市场已经像钟摆一样走向极端了，下一步应该会往回修正 -canyonbear- ♀ (377 bytes) () 04/12/2012 postreply 13:15:55

• 多说一句，我认为任何号称对今后40年世界形势的预测都是瞎扯 -canyonbear- ♀ (145 bytes) () 04/12/2012 postreply 14:06:58

• maybe you can put the question to Mr. Hugh-Smith -hercules007- ♂ (0 bytes) () 04/12/2012 postreply 15:00:23

• Look,,,, -hercules007- ♂ (546 bytes) () 04/12/2012 postreply 15:06:25