CHARTS ARE LIKE MAPS THAT SHOW WHERE YOUR GOING

So here’s a chart (map) by Mish Shedlock comparing the Japanese houseing bust to ours.  Two quick charts will give you a quick idea of where we are at and how long it will take to get to the bottom.  Nothing will get better till this thing bottoms out.  Best place to be right now and for the near future is a renter.  Hope your landlord keeps his powder dry.

HERE’S THE LINK TO MISH

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Explore posts in the same categories: CHECKBOOK ECONOMICS, deflation, INVESTMENTS

One Comment on “CHARTS ARE LIKE MAPS THAT SHOW WHERE YOUR GOING”

  1. Junior Says:

    The downside on real estate prices looks like it’s only just begun! Long way to go. Uh-oh.


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