September 19, 2012 at 16:32 PM EDT
Gary Shilling: Housing Recovery? 20% More Loss Is More The Way
BusinessInsider.com reports: in his latest monthly newsletter, Gary Shilling stated that there is no housing recovery. In fact, the price will have another 20% fall. Among many factors, one of the most important is that, in addition to the 11 million new and existing homes in the market, there are additional 5 million delinquent mortgages and [...]
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