Relevant:
- Existing Homes Sales Record Biggest August Drop-EVER But Prices Keep Inflating - The Wall Street Examiner
- Britain 'is on the brink of housing price collapse'
- UK Housing Market Crash and Depression Forecast 2007 to 2012
- Sprott Adds 6.5 Million Ounces of Silver to Its Trust at Approximately 25.82 Per Ounce
- ‘Impending gold production cliff' may deliver a jolt to prices
2011-09-09 — financialsense.com
``What a bubble our housing market was. In 2005 the average house cost 720 ounces. So that's a drop of 80% already. But from today's prices, measured in constant money, I would say we have at least another 30% to fall, (that takes us to 100 ounces) or possibly 60% (which gives us 55).''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
