Will House Prices Drop Another 20 Per Cent?

This is an interesting snippet regarding the housing market right now.

Gary Shilling: House Prices Will Drop Another 20%

Investors were crowding into foreclosed house sales and bidding up prices in California, often the bellwether state for new trends. The tax credit of up to $8000 for new homebuyers that expired in April spurred buyers and promised to kick- start .... did you notice anything in regards to market "interventions" and gold price...yum yum..go get you some!!!!! heck, I want fools to clammer for PM's once they realize (at the precise moment the rest of the herd does) that US is ...

Publish Date: 10/06/2010 2:30

http://www.businessinsider.com/gary-shilling-house-prices

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