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The Current Market Atmosphere: Easy Money Hard to Come by

Posted on June 25, 2008

You've all probably seen or heard about the recently released Harvard Housing study. Among other things, the report discusses the fact that the median wage-earner is unable to afford the median priced home and forecasts a drop in real estate prices to the 1999 level. The fact is that the study comes about one year too late for investors and consumers. Yahoo Finance http://www.jchs.harvard.edu/ An excerpt from my recent article, 'Lawrence Yun Continues to Mislead on Housing' summarizes some of my forecasts in the real estate market, first released in 2006:...

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housing , real estate , real estate market , yahoo