Has the Collapse in Housing Prices Ended?

Mark Noonan

I don’t think so – and neither does Mike Shedlock. Click the link and see an interesting graph which shows how our housing boom and bust tracks well with the Japanese land boom and bust. Ominous to consider that we haven’t hit bottom, yet – but its what I expect. Its why the temptation to use my VA-backed loan has recently faded as I consider the prospect that I could get a house next year for half the price of today.