More housing pain?

September 15, 2008 at 5:28 am | Posted in credit, Housing | 1 Comment

I’ve been negative on the housing market for a very long time, and have continued to believe the pain would last into 2009. However, I am beginning to see the challenges as extending into 2010 😦 In addition, I think banks’ will continue to lock the market out of an unwillingness to take counterparty risk. We aren’t even at half time yet.

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  1. hey
    we are talking about the housing crisis this week on http://www.purplestates.tv (bipartisan video project working with the washington post). You have some good thoughts about this. Want to come join us?

    Cinnamon Kennedy
    online producer
    http://www.purplestates.tv
    twitter: cinnamonk


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