2012-05-04 — doctorhousingbubble.com
As the Case-Shiller Index hits a low 35% below the peak reached over half a decade ago, some are now looking at the near impossibility of it recovering in the next decade (if ever). After all, to reach that peak price again home values would need to surge by 50+ percent. How likely is that? Even low rates can't bring back prices and we see that with Japan. Similar to Japan, we also have a poorer younger generation so are they likely to pay peak prices for those homes? It is very likely that we will have another stagnant decade of housing values as they revert to their historical mean of tracking inflation and local economies
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