By this same logic, someone in 2004-2005 could look back to the crash in the 80s and see they’re at the same level as that peak and a crash is imminent. In fact it was a year or two away and new homes for sale were going to go up another 50% before the crash.
That’s not to say that things looks good. Some sort of correction is probably coming but it could be another year or two or more.
By this same logic, someone in 2004-2005 could look back to the crash in the 80s and see they’re at the same level as that peak and a crash is imminent. In fact it was a year or two away and new homes for sale were going to go up another 50% before the crash.
That’s not to say that things looks good. Some sort of correction is probably coming but it could be another year or two or more.