Saturday, March 29, 2008

Opportunity cost "predicts" housing market has not yet hit bottom

In equilibrium, consumers should be indifferent between renting and owning. Using this idea, John Mauldin thinks we are still 16% above the bottom.

1 comment:

  1. I am always careful with going with predictions, as it is really risky. I trade with OctaFX broker where they have got brilliant daily market news and analysis service, it is so much easier to work with following this. I don’t have to pay anything at all, so that’s why this becomes so much profitable while the accuracy level is also incredible, it makes it even better and helps with the performance so much and also makes me relaxed in working.

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